Added to YB: 2025-03-03
Pitch date: 2025-01-11
LAC [bearish]
Lithium Americas Corp.
-65.43%
current return
Author Info
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Company Info
Lithium Americas Corp. engages in the exploration and development of lithium properties in the United States and Canada.
Market Cap
CAD 630.1M
Pitch Price
CAD 3.10
Price Target
N/A
Dividend
N/A
EV/EBITDA
-13.52
P/E
-13.63
EV/Sales
N/A
Sector
Metals and Mining
Category
N/A
Show full summary:
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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