Lithium Americas (Argentina) (LAAC) Stock

Lithium Americas (Argentina) Corp. (NYSE: LAAC) Q1 2024 Earnings Conference Call on May 14, 2024 at 10:00 AM ET with Company Representatives Kelly O'Brien, Sam Pigott, and Alex Shulga. Conference Call Participants include Apurva Kilambi, David Deckelbaum, Joel Jackson, Katie Lachapelle, Noel Parks, and Mac Whale. Operator Kathleen will facilitate the call.

Lithium Americas (Argentina) Corp. (LAAC) Q4 2023 Earnings Call Transcript

Lithium Argentina is a pure-play lithium business. The Cauchari-Olaroz project is the flagship project of Lithium Argentina, producing lithium carbonate for EV batteries. As a low-cost producer they will be able to survive the downturns and profit in the upturns.

Lithium Americas (LAAC) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Lithium Americas (Argentina) is ramping up production and reported positive earnings in its first quarterly report since the split, boosting its future outlook. The company has nearly completed capital spending on its Caucharí-Olaroz project and is expected to reach full production capacity next year. While there are political and geopolitical risks in Argentina, Lithium Americas (Argentina) has a steady revenue stream starting next year and can partially finance capital costs internally.