Lithium Americas Corp. – Consensus Indicates Potential 74.2% Upside

Broker Ratings

Lithium Americas Corp. which can be found using ticker (LAC) have now 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 42.5 and 30 calculating the mean target price we have $36.94. Given that the stocks previous close was at $21.20 this would indicate that there is a potential upside of 74.2%. Also worth taking note is the 50 day moving average now sits at $22.42 and the 200 day MA is $24.35. The company has a market cap of $3,069m. Company Website:

The potential market cap would be $5,347m based on the market consensus.

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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.

The company is not paying dividends at this time.

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