The largest single shareholder of LAC stock is Chinese Lithium company Ganfeng Lithium, one of the leading suppliers of Lithium to EV maker Tesla. Sigma Lithium Corp is a Vancouver-based producer of battery-grade Lithium that operates primarily out of Brazil.
Should you buy LAAC stock?
According to 5 analysts, the average rating for LAAC stock is "Buy." The 12-month stock price forecast is $10.5, which is an increase of 104.28% from the latest price.
Why is LAAC trading at a 393% premium?
LAAC is trading at a 393% premium. Lithium Argentina will become a low-cost lithium producer generating profitability regardless of lithium prices. Lithium prices will fall as new supply comes online faster than demand, which will weigh on profitability.
