tiprankstipranks
Lithium Americas (Argentina) Boasts Strong Q2 Performance
Company Announcements

Lithium Americas (Argentina) Boasts Strong Q2 Performance

Story Highlights

Lithium Americas (Argentina) Corp. (LAAC) has released an update.

Don't Miss our Black Friday Offers:

Lithium Americas (Argentina) Corp. reports a productive second quarter in 2024 with their Caucharí-Olaroz operation achieving 70% of its design capacity and maintaining a positive operational cash flow. The company has maintained its production guidance for the year and expects unit costs to decrease as they approach full capacity. Additionally, with $96M in cash reserves and a strong financial strategy, they are set to reduce leverage at their Exar operation.

For further insights into LAAC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlyLithium Argentina price target lowered to $4 from $4.25 at Scotiabank
TipRanks Auto-Generated NewsdeskLithium Argentina Reports Q3 2024 Financial Highlights
TipRanks Canadian Auto-Generated NewsdeskLithium Americas Reports Strong Q3 and Debt Reduction
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App