Lithium Americas Corp (TSE:LAC)‘s stock had its “speculative buy” rating restated by analysts at Canaccord Genuity in a research note issued on Monday. They currently have a C$1.10 target price on the stock. Canaccord Genuity’s price objective would suggest a potential upside of 32.53% from the stock’s current price.
Lithium Americas Corp (TSE:LAC) traded up 1.23% during midday trading on Monday, hitting $0.82. The company had a trading volume of 354,308 shares. The firm’s 50 day moving average is $0.90 and its 200-day moving average is $0.86. The firm’s market capitalization is $246.52 million. Lithium Americas Corp has a 52 week low of $0.44 and a 52 week high of $1.14.
About Lithium Americas Corp
Lithium Americas Corp, formerly Western Lithium USA Corporation, is a Canada-based company, which is focused on the development of Cauchari-Olaroz Lithium Project and the Lithium Nevada project. The Company’s segments include Hectatone, Lithium Nevada, Cauchari-Olaroz and Corporate. The Company’s Cauchari-Olaroz Lithium Project is a lithium brine mineral project located in Jujuy province, Argentina.
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