Lithium Americas Corp (TSE:LAC)‘s stock had its “outperform” rating restated by investment analysts at National Bank Financial in a note issued to investors on Monday, July 24th. They currently have a C$1.40 price objective on the stock. National Bank Financial’s price target would suggest a potential upside of 23.89% from the stock’s previous close.
Shares of Lithium Americas Corp (TSE:LAC) opened at 1.13 on Monday. Lithium Americas Corp has a one year low of $0.52 and a one year high of $1.26. The stock’s 50 day moving average is $0.96 and its 200-day moving average is $0.97. The stock’s market cap is $357.17 million.
WARNING: “Lithium Americas Corp (LAC) Given “Outperform” Rating at National Bank Financial” was first reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this article on another website, it was copied illegally and reposted in violation of international copyright legislation. The original version of this article can be read at https://www.com-unik.info/2017/08/12/lithium-americas-corp-lac-earns-outperform-rating-from-national-bank-financial-updated-updated.html.
In other Lithium Americas Corp news, Director Gabriel Rubacha purchased 275,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 16th. The shares were bought at an average price of C$0.97 per share, for a total transaction of C$266,750.00. Also, insider Tracy Hansen sold 50,000 shares of the stock in a transaction that occurred on Tuesday, July 25th. The stock was sold at an average price of C$0.98, for a total transaction of C$49,000.00. In the last 90 days, insiders have bought 675,000 shares of company stock worth $606,750.
Lithium Americas Corp Company Profile
Lithium Americas Corp., formerly Western Lithium USA Corp., is a resource company. The Company is focused on development of two lithium development projects: the Cauchari-Olaroz project, which is located in Jujuy province of Argentina and the Lithium Nevada project, which is located in north-western Nevada, the United States.
What are top analysts saying about Lithium Americas Corp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Lithium Americas Corp and related companies.