Lithium Americas (Argentina) Corp. (NYSE:LAAC – Get Free Report) has been given an average rating of “Moderate Buy” by the seven analysts that are presently covering the firm, MarketBeat.com reports. Three research analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $7.19.
Separately, Cormark upgraded Lithium Americas (Argentina) to a “moderate buy” rating in a research note on Monday, January 20th.
Read Our Latest Report on LAAC
Institutional Inflows and Outflows
Lithium Americas (Argentina) Stock Down 0.5 %
LAAC stock opened at $2.18 on Wednesday. The stock’s 50 day moving average is $2.59 and its 200-day moving average is $2.90. Lithium Americas has a twelve month low of $2.07 and a twelve month high of $5.79. The firm has a market capitalization of $353.01 million, a PE ratio of 0.28 and a beta of 1.35.
Lithium Americas (Argentina) Company Profile
Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. The company owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina. It also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna project located in Salta Province in northwestern Argentina.
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