Argentina Lithium & Energy Corp Profiled as Having ‘High Investment Leverage Potential’

Argentina Lithium & Energy Corp (TSXV:LIT) has been profiled on the Strategic Metals and Rare Earths Letter. The report outlined the company’s presence in Argentina’s portion of the lithium triangle and the recent acquisition of the Arizaro lithium brine project in the province of Salta, as well as the purchase of the Incahuasi Salar in Catamarca.
The report’s author praised this move, nothing that the “Argentina Lithium’s Arizaro Lithium Brine Project, located in the Province of Salta, is the largest in Argentina, and puts the company in an outstanding position to benefit from the electric vehicle revolution, which will result in a booming demand for lithium-ion batteries.”
The report concluded by describing the company as offering “high investment leverage potential” and by setting a 12-month price target for Argentina Lithium’s shares of C$0.70. This is up 63 percent from the share price of C$0.43 on the day of publication.
To read the full report, click here.
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