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CA - Lithium Americas: Don't Get In Yet Wait For The Separation
April, 12 2023 08:00 AM
CA Inc.
2023-04-12 08:00:00 ET
Summary Lithium Americas has a long way to go until Thacker Pass production. The assets are valuable but not enough to warrant the current market price. The acquisition of Arena Minerals was a smart move. Partnership with GM will help sustain costs. I rate Lithium Americas as neutral and will wait for more to come out regarding their production timeline, partnerships, and separation results. For further details see:
Lithium Americas: Don't Get In Yet, Wait For The Separation
Stock Information
Company Name:
CA Inc.
Stock Symbol:
CA
Market:
NASDAQ
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