TSX:LAAC - Post Discussion
Post by
retiredcf on Sep 02, 2024 9:21am
Undervalued
Lithium Americas: Top 10 Undervalued Small Cap Stocks on TSX
Lithium Americas is now ranked among the top 10 small cap stocks on the Toronto Stock Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
- Small caps total market capitalization (300M-2B)
Stocks in this category are held primarily for capital appreciation. Nano, micro, and small cap stocks can be very volatile and may generate high returns or losses. Whereas mid and large cap stocks tend to be more stable.
Lithium Argentina is a pure-play lithium producer. The company owns two neighboring lithium brine resources in northwest Argentina: Cauchari-Olaroz and Pastos Grandes. Cauchari-Olaroz entered production in 2023, while Pastos Grandes is still in development. Lithium Argentina plans for both resources to be fully integrated with onside downstream processing capabilities and will sell into the lithium chemical market.
Lithium Americas is listed under LAAC on the Toronto Stock Exchange.
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
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