Headquartered in Vancouver, Canada, Lithium Americas Corp. (LAC) is a lithium resource company operating in the United States and Argentina. The company owns mining interests in Cauchari-Olaroz and Pastos Grandes projects in Argentina and Thacker Pass in the United States. However, LAC has an ISS Governance QualityScore of 8, indicating high governance risk.
LAC shares have gained 43.9% over the past year as investors gained interest in lithium stocks amid the global supply shortage. However, the company’s poor financials and bleak near-term growth prospects have deterred the investors lately, as the stock fell 24.8% year-to-date and 7.1% over the past five days.
