Professional
Added to YB: 2024-05-16
Pitch date: 2024-05-14
LAAC [bullish]
Lithium Argentina AG
-0.73%
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 6.84
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
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)