Should you buy Lithium Americas Corp (Lac) stock?

Lithium Americas Corp. was incorporated in 2007 and is headquartered in Van... [Read more] According to 4 analysts, the average rating for LAC stock is "Strong Buy." The 12-month stock price forecast is $34.25, which is an increase of 90.28% from the latest price.

Are Lithium Americas shares undervalued?

After updating our model to incorporate Lithium Americas' second-quarter earnings, we are maintaining our $50 per share fair value estimate (CAD 67) and no-moat rating. At current prices, we view shares of Lithium Americas as significantly undervalued, with the stock trading at less than half of our fair value estimate and in 5-star territory.

When did lithium change its name to Lithium Americas Corp?

The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. is headquartered in Vancouver, Canada.

Who is Lithium Americas?

Lithium Americas is engaged in developing the Cauchari-Olaroz lithium project, located in Jujuy province, Argentina and the Lithium Nevada project in Nevada, U.S.A. The company is a supplier of specialty drilling additives, Hectatone (TM) and other organoclay products for the oil and gas and other industries.