Professional
Added to YB: 2024-03-06
Pitch date: 2024-03-05
LAAC [bullish]
Lithium Argentina AG
-0.6%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Lithium Argentina AG, a resource and materials company, focuses on advancing lithium projects in Argentina.
Market Cap
CAD 629.8M
Pitch Price
CAD 6.64
Price Target
25.00 (+242%)
Dividend
N/A
EV/EBITDA
-9.42
P/E
-7.76
EV/Sales
N/A
Sector
Metals and Mining
Category
value
Show full summary:
Lithium Americas (Argentina) Corp.: Lithium Argentina: Deal to Sell Pastos Grandes Stake to Ganfeng Makes Strategic Sense
$LAAC: Deal to sell 15% of Pastos Grandes to Ganfeng for $70M (17% premium); consolidation of 3 projects should lower costs; $25 FV, narrow moat; skeptical market but Li prices rising; low-cost producer to benefit from EV growth; risks: project execution, Li prices, Argentina
Read full article (10 min)