Lithium Americas: Deal With Ganfeng Indicates More Value Unlocking In Store [Seeking Alpha]
Lithium Americas Corp. Common Shares (LAC)
Last lithium americas corp. common shares earnings: 11/12 07:00 am
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Source: Seeking Alpha
Summary Lithium Americas signed a transaction with Ganfeng Lithium for Argentina JV, allowing the latter to consolidate the project in its balance sheet. Lithium Americas gets USD40 million that can be used for development of Thacker Pass project. Thacker Pass project inches closer to final permits after receiving a Notice of Intent (NOI) from the Bureau of Land Management (BLM). The transaction reveals Lithium Americas' management is taking pragmatic steps to reduce exposure to conflict-ridden Argentina and focus on developing the larger, domestic project. An anticipated recovery in lithium prices, coupled with tangible updates on both projects, is likely to make this player more appealing to investors. Lithium Americas (NYSE: LAC For starters, the company is a focused play on lithium production with interests in two projects - the Cauchari-Olaroz project in Argentina's far north and the Thacker Pass project in Nevada. The first of the two is in advanced stages of construction, with
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News
- Lithium Americas Corp. (LAC) Stock Falls Amid Market Uptick: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Closes US$275 Million Underwritten Public Offering [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Closes US$275 Million Underwritten Public OfferingGlobeNewswire
- While institutions own 17% of Lithium Americas (Argentina) Corp. (TSE:LAAC), individual investors are its largest shareholders with 47% ownership [Yahoo! Finance]Yahoo! Finance
- Lithium Americas Corp. (NYSE: LAC) had its price target lowered by analysts at HSBC Holdings plc from $6.50 to $5.10. They now have a "hold" rating on the stock.MarketBeat
LAC
Earnings
- 8/9/23 - Beat
LAC
Sec Filings
- 4/22/24 - Form 6-K
- 4/19/24 - Form 6-K
- 4/19/24 - Form 424B5
- LAC's page on the SEC website