Skip to Content

Lithium Americas (Argentina) Corp

LAAC: XTSE (CAN)
View Stock Summary
Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
CAD 66.00JpjfdccTrjvtqgrs

Lithium: We Forecast Prices Will Rebound in 2024, Boosting Producer Stock Valuations

Lithium spot prices fell over 80% in 2023. As prices reached all-time highs in 2022, new, higher-cost supply brought the market to balance, sending prices plummeting. Bears say oversupply conditions will occur in 2024 amid rising supply and slowing demand as battery electric vehicle, or EV, sales falter.

Free Trial of Morningstar Investor

Get our analysts’ objective, in-depth, and continuous investment coverage of LAAC so you can make buy / sell decisions free of market noise.

Start Free Trial

Sponsor Center