Lithium Americas Corp (TSE:LAC) had its target price upped by equities researchers at National Bank Financial from C$1.65 to C$1.90 in a research report issued on Thursday. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective points to a potential upside of 11.76% from the stock’s previous close.

Shares of Lithium Americas Corp (LAC) opened at 1.70 on Thursday. The company’s 50 day moving average is $1.20 and its 200 day moving average is $1.00. The firm’s market capitalization is $743.28 million. Lithium Americas Corp has a 12-month low of $0.52 and a 12-month high of $1.80.

COPYRIGHT VIOLATION NOTICE: “Lithium Americas Corp (LAC) PT Raised to C$1.90” was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are accessing this piece of content on another site, it was stolen and republished in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/09/16/lithium-americas-corp-lac-pt-raised-to-c1-90.html.

In related news, insider Eduard Epshtein sold 50,356 shares of the stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of C$1.05, for a total transaction of C$52,873.80. Also, Director Jonathan David Evans bought 50,000 shares of the stock in a transaction that occurred on Wednesday, August 23rd. The shares were acquired at an average cost of C$0.84 per share, with a total value of C$42,000.00. Over the last three months, insiders have purchased 453,920 shares of company stock valued at $386,978 and have sold 271,478 shares valued at $101,874.

Lithium Americas Corp Company Profile

Lithium Americas Corp., formerly Western Lithium USA Corp., is a resource company. The Company is focused on development of two lithium development projects: the Cauchari-Olaroz project, which is located in Jujuy province of Argentina and the Lithium Nevada project, which is located in north-western Nevada, the United States.

Receive News & Stock Ratings for Lithium Americas Corp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lithium Americas Corp and related stocks with our FREE daily email newsletter.