Added to YB: 2025-03-03
Pitch date: 2025-01-11
LAC [bearish]
Lithium Americas Corp.
-23.42%
current return
Author Info
No bio for this author
Company Info
Lithium Americas Corp., a resource and materials company, focuses on developing, building, and operating of lithium deposits and chemical processing facilities in the United States and Canada.
Market Cap
CAD 1.3B
Pitch Price
CAD 3.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
-34.74
P/E
-9.47
EV/Sales
N/A
Sector
Metals and Mining
Category
N/A
Lithium Americas Corp. - $LAC
LAC short: Unproven clay lithium extraction, high capex, problematic ore. Feasibility study flawed, assumes $24k/t Li vs $9k spot. GM JV & DOE loan positives, but $6.7k/t breakeven vs $4.7k Argentina costs. DLE threat. Complex metallurgy, high Mg content. Reserves inflated by $29k/t assumption. Cash cushion melting.
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