Lithium Americas:Stocks Analysts Recently Upgraded on TSX (LAC)
Lithium Americas Corp is among the group of Toronto Stock Exchange stocks recently upgraded by analysts. This means each stock on this list has seen its averge consensus value move up in the last week, so at least one analyst has upgraded their view on these stocks.
This report is generated monthly. It displays the number of analysts along with their buy-hold-sell ratings for the company. A company is included when its mean rating increases from the previous week. Stocks in this category are held primarily for capital appreciation.
Companies can get upgraded for a number of reasons - but primarily due to improved future earnings potential due to new contracts, new products, cost savings or restructuring.
| Symbol | Name | Buy | Out Perform | Hold | Under Perform | Sell | No Opinion | Mean Rating | Prev Mean Rating | Mean Label |
|---|---|---|---|---|---|---|---|---|---|---|
| CS | Capstone Copper Corp | 7 | 2 | 0 | 0 | 0 | 0 | 4.7778 | 4.75 | Buy |
| POU | Paramount Resources Ltd | 5 | 1 | 2 | 0 | 0 | 0 | 4.375 | 4.25 | Outperform |
| ERO | Ero Copper Corp | 2 | 2 | 5 | 0 | 0 | 0 | 3.6667 | 3.4444 | Outperform |
| LAC | Lithium Americas Corp | 1 | 1 | 0 | 0 | 0 | 0 | 4.5 | 4.3333 | Outperform |
| NOA | North American Construction Group Ltd | 6 | 1 | 1 | 0 | 0 | 0 | 4.625 | 4.375 | Buy |
All data provided as of April 18, 2024.
More about Lithium Americas Corp
Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid to late 2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve.
Lithium Americas Corp is listed under LAC on the Toronto Stock Exchange.
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