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Added to YB: 2024-05-16

Pitch date: 2024-05-14

LAAC [bullish]

Lithium Argentina AG

+40.64%

current return

Author Info

No bio for this author

Company Info

Lithium Argentina AG, a resource and materials company, focuses on advancing lithium projects in Argentina.

Market Cap

CAD 1.1B

Pitch Price

CAD 6.84

Price Target

25.00 (+160%)

Dividend

N/A

EV/EBITDA

-14.91

P/E

-13.88

EV/Sales

N/A

Sector

Metals and Mining

Category

growth

Show full summary:
Lithium Americas (Argentina) Corp.: Cauchari-Olaroz Production Ramp-Up Remains in Line With Our Forecast

LAAC: Cauchari-Olaroz ramp-up on track. Q1 run-rate 18K tons (45% of 40K capacity). 2024 guidance 20-25K tons. $25 FVE, narrow moat. Trades at 20% of FV. Low-cost producer, catalyst: project profitability in 2024. Risks: lithium prices, Argentina political. Pastos Grandes basin project in early development.

Read full article (10 min)