Lithium Argentina Earnings: Cauchari-Olaroz Continues Production Ramp-Up
Our key takeaway from Lithium Argentina’s 2023 fourth-quarter results was the company's continued ramp-up on its first lithium project, Cauchari-Olaroz, which began production in late 2023. After reviewing the quarterly results and outlook for Cauchari-Olaroz and updating our model, we're maintaining our USD 25/CAD 33 fair value estimate. Our narrow moat rating is also unchanged.