TSX:LACMetals and Mining
How Investors Are Reacting To Lithium Americas (TSX:LAC) Expanded DOE Support And Dilution Concerns
In March, Deutsche Bank reiterated its Hold rating on Lithium Americas while flagging dilution concerns after a Q4 earnings beat and ongoing capital needs.
At the same time, Lithium Americas emphasized that U.S. Department of Energy loan support and advancing construction at the Thacker Pass lithium project are materially reducing project risk.
With recent share gains, we’ll examine how expanded U.S. Department of Energy backing for Thacker Pass shapes Lithium Americas’ investment...