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Lithium Americas

Buy Lithium Americas stocks

LITHIUM AMERICAS (LAC) Stocks

ABOUT LITHIUM AMERICAS

Lithium Americas Corp formerly Western Lithium USA Corp., is a resource company focused on the portfolio development of two lithium development projects, namely the Cauchari-Olaroz project, which is located in Jujuy province of Argentina and the Lithium Nevada project, which is located in north-western Nevada, the United States.

Lithium Americas Corp’s segments are Organoclay, Lithium Nevada, Cauchari-Olaroz and Corporate. Its geographical segments are Canada, the United States, Germany and Argentina.

The Cauchari-Olaroz project is a lithium brine mineral project.

OVERVIEW OF LITHIUM AMERICAS

  • Lithium Americas Corp’s Cauchari-Olaroz project is in Jujuy Province in north-west Argentina. The Project is situated in the Salar de Olaroz and Salar de Cauchari, adjacent to Orocobre Ltd.’s Olaroz facility, which has been in production since 2015. Cauchari-Olaroz is well serviced by nearby infrastructure including major paved highways, a national and international rail link which connects to the port of Antofagasta in Chile, a high-voltage power grid, and a gas pipeline.

  • Lithium Americas Corp’s production process involves two distinct steps and is generally consistent with other established brine operations. The first step uses a solar evaporation process to concentrate lithium in the brine and precipitate competing salts in large-scale ponds.

  • The ponds at Cauchari-Olaroz involve the use of shallow ponds where the precipitated salt is annually harvested from the flat pond base. The second step uses the processing facilities that transform the concentrated lithium brine into battery-grade lithium.

  • Lithium Americas Corp’s Thacker Pass project is the largest known lithium resource in the United States and the next large-scale lithium mine. The Project is a pre-feasibility stage (PFS) lithium project located in Humboldt County in northern Nevada, USA. The Project is situated at the southern end of the McDermitt Caldera, approximately 100 km northwest of Winnemucca.

  • In 2018, the company completed a Pre-Feasibility Study on a two-phase project with a production capacity designed to reach 60 000 tpa of battery-grade lithium carbonate and 46-year mine life.

VISION & VALUES OF LITHIUM AMERICAS

  • Lithium Americas Corp is a committed to values of sustainability and community development across all its operations.

  • To this end, the company works to ensure that its operations are in line with the requirements of international environmental regulation in order to ensure that it leaves a minimal environmental impact.

  • Lithium Americas Corp works to ensure that it maintains transparent communications with all its local stakeholders, integrating community development projects into its operations as it works to provide a legacy of upliftment for all the communities in which it operates.

MARKET PERFORMANCE OF LITHIUM AMERICAS

  • Lithium Americas Corp trades on the Toronto Stock Exchange (TSX), where investors can buy shares under the stock symbol -LAC.

  • Data from the company’s 2019 financial analysis shows that the company holds total assets of US Dollar 292 million, up from US Dollar 103 million on the previous year. Lithium Americas Corp recorded net income of US Dollar 68 million, up from US Dollar 7.4 million on the previous year.

  • Total comprehensive income was US Dollar 69 million, up from US Dollar 6.6 million on the previous year.

  • Lithium Americas Corp’s stellar performance over the year has emphasised the prospectivity of its portfolio.

  • This strong asset position has allowed the company to continue its history of delivering a rising share price for investors with strong long-term growth in dividends, providing a solid buy-in for those who choose to purchase shares today.

Buy LITHIUM AMERICAS stocks / shares – A Step by Step Guide how to Buy / Purchase LITHIUM AMERICAS Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy LITHIUM AMERICAS Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN LITHIUM AMERICAS STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE LITHIUM AMERICAS STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of LITHIUM AMERICAS stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy LITHIUM AMERICAS stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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