Separately, Eight Capital raised Lithium Americas from a neutral rating to a buy rating and reduced their price target for the stock from C$13.60 to C$13.00 in a report on Friday, April 6th.
TSE LAC opened at C$7.54 on Friday. Lithium Americas has a twelve month low of C$3.90 and a twelve month high of C$14.06.
In related news, Director Franco Mignacco sold 15,000 shares of the company’s stock in a transaction dated Wednesday, April 11th. The stock was sold at an average price of C$7.22, for a total value of C$108,300.00.
About Lithium Americas
Lithium Americas Corp. operates as a resource company in the United States. The company explores for lithium deposits. It primarily holds interests in the Cauchari-Olaroz Project located in Jujuy province of Argentina; and the Lithium Nevada Project covering approximately 15,233 hectares of area located in northwestern Nevada.
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