Lithium Americas Stock Soars on Government ‘White Gold’ Deal – Can the Rally Last?
Lithium Americas shares hit a 52-week high near $10 after the U.S. Department of Energy agreed to take a 5% equity stake and provide a $2.23 billion loan for its Thacker Pass project. The stock is up over 300% from spring lows, but analysts remain divided, with most targets far below current prices. Insider selling and sharp price swings have fueled volatility. Uncertainty over future U.S. policy has tempered recent gains.