Professional
Added to YB: 2024-03-06
Pitch date: 2024-03-05
LAAC [bullish]
Lithium Argentina AG
+2.26%
current return
Author Info
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Company Info
Lithium Argentina AG, a resource company, engages in the operation and development of lithium projects in Argentina.
Market Cap
CAD 862.7M
Pitch Price
CAD 6.64
Price Target
25.00 (+268%)
Dividend
N/A
EV/EBITDA
-25.34
P/E
-15.73
EV/Sales
N/A
Sector
Metals and Mining
Category
value
Show full summary:
Lithium Americas (Argentina) Corp.: Lithium Argentina: Deal to Sell Pastos Grandes Stake to Ganfeng Makes Strategic Sense
$LAAC: Deal to sell 15% of Pastos Grandes to Ganfeng for $70M (17% premium); consolidation of 3 projects should lower costs; $25 FV, narrow moat; skeptical market but Li prices rising; low-cost producer to benefit from EV growth; risks: project execution, Li prices, Argentina
Read full article (10 min)