Lithium Americas Corp. (NYSE:LAC) currently has two lithium mines that they are building. One is based in Thacker Pass, Nevada, located in northwest Nevada. The other lithium mine location is in the Jujuy province, located in the remote northwest of Argentina.
Who is the largest producer of lithium?
Chile is home to over half of the world's lithium reserves, with other major producers including Australia, Argentina and China. Australia is by far the world's leading producer of lithium.
Who are the major lithium producers?
- Albemarle.
- Ganfeng Lithium.
- Sociedad Quimica y Minera de Chile.
- Livent.
- Lithium Americas.
Who supplies Tesla with lithium?
Ganfeng Lithium Co.
Is LAC stock a buy or sell?
The firm set a "buy" rating and a $36.00 price target on the stock. HSBC's price objective would suggest a potential upside of 42.24% from the stock's previous close. LAC investor needs to get used to price swing, at least until mid-summer when LAC will become a producing mine. In mean time fluctuation will be normal.
Will LAC stock go up?
Will Lithium Americas stock price grow / rise / go up? Yes. The LAC stock price can go up from 24.550 USD to 38.703 USD in one year.
What is the price target of LAC?
High $44.00
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Median $40.00
Low $23.62
Average $38.17
Current Price $31.38
Is Lithium Americas Corp a buy?
The firm set a "buy" rating and a $36.00 price target on the stock. HSBC's price objective would suggest a potential upside of 42.24% from the stock's previous close. LAC investor needs to get used to price swing, at least until mid-summer when LAC will become a producing mine.
Is LAC a good stock to buy right now?
The financial health and growth prospects of LAC, demonstrate its potential to underperform the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of D.
What is the future of LAC stock?
Lithium Americas Corp quote is equal to 24.550 USD at 2022-01-30. Based on our forecasts, a long-term increase is expected, the "LAC" stock price prognosis for 2027-01-22 is 97.053 USD. With a 5-year investment, the revenue is expected to be around +295.33%. Your current $100 investment may be up to $395.33 in 2027.
Is American Lithium Corp a good stock to buy?
If you are looking for stocks with good return, American Lithium Corp can be a profitable investment option. Based on our forecasts, a long-term increase is expected, the "LIACF" stock price prognosis for 2027-01-22 is 9.305 USD. With a 5-year investment, the revenue is expected to be around +275.19%.
Will Li auto stock go up?
Based on our forecasts, a long-term increase is expected, the "LI" stock price prognosis for 2027-01-18 is 61.639 USD. With a 5-year investment, the revenue is expected to be around +142.38%. Your current $100 investment may be up to $242.38 in 2027.