Lithium Americas Corp. – Consensus Indicates Potential 110.0% Upside

Broker Ratings

Lithium Americas Corp. with ticker code (LAC) now have 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 42.5 and 34 calculating the mean target price we have 37.44. Given that the stocks previous close was at 17.83 this would imply there is a potential upside of 110.0%. The day 50 moving average is 23.93 and the 200 day moving average is 25.79. The company has a market cap of $2,583m. Company Website: https://www.lithiumamericas.com

The potential market cap would be $5,424m based on the market concensus.

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Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

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