Lithium Americas Corp. (TSE:LAC – Get Free Report)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$4.41 and traded as low as C$4.15. Lithium Americas shares last traded at C$4.32, with a volume of 385,897 shares.
Analysts Set New Price Targets
Several equities analysts recently commented on LAC shares. Wedbush upgraded shares of Lithium Americas to a “hold” rating in a report on Thursday, December 19th. National Bankshares upped their price target on shares of Lithium Americas from C$7.25 to C$7.50 and gave the company an “outperform” rating in a research note on Friday, January 10th. Finally, Cormark upgraded shares of Lithium Americas to a “moderate buy” rating in a research note on Friday, January 17th. Three equities research analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$7.50.
Read Our Latest Research Report on Lithium Americas
Lithium Americas Trading Up 3.6 %
About Lithium Americas
Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada. It holds a 100% interest in the Thacker Pass project located in northern Nevada, as well as investments in exploration properties in the United States and Canada. Lithium Americas Corp.
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