Lithium Argentina AG (NYSE:LAR - Free Report) - Equities research analysts at National Bank Financial dropped their FY2026 earnings estimates for Lithium Argentina in a report issued on Monday, April 28th. National Bank Financial analyst M. Sidibe now anticipates that the company will post earnings of ($0.06) per share for the year, down from their previous estimate of $0.02. The consensus estimate for Lithium Argentina's current full-year earnings is ($0.05) per share.
Lithium Argentina (NYSE:LAR - Get Free Report) last announced its quarterly earnings data on Monday, March 17th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.04) by $0.01.
Other equities analysts also recently issued research reports about the company. Scotiabank decreased their price objective on Lithium Argentina from $4.00 to $3.50 and set a "sector outperform" rating for the company in a report on Wednesday, March 19th. National Bankshares reduced their target price on Lithium Argentina from $3.75 to $3.50 and set a "sector perform" rating on the stock in a report on Wednesday, March 19th.
View Our Latest Stock Report on Lithium Argentina
Lithium Argentina Stock Down 1.5 %
Shares of NYSE:LAR traded down $0.03 on Thursday, hitting $2.00. The company's stock had a trading volume of 230,129 shares, compared to its average volume of 924,173. The firm's 50-day moving average price is $2.13. The stock has a market cap of $323.80 million, a P/E ratio of 0.26 and a beta of 1.36. Lithium Argentina has a 1 year low of $1.73 and a 1 year high of $5.60.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the stock. Formidable Asset Management LLC acquired a new stake in shares of Lithium Argentina during the 1st quarter valued at about $779,000. Ping Capital Management Inc. purchased a new position in Lithium Argentina in the first quarter valued at $107,000. Alps Advisors Inc. acquired a new stake in Lithium Argentina in the first quarter valued at $627,000. Quotient Wealth Partners LLC acquired a new stake in Lithium Argentina during the 1st quarter worth $49,000. Finally, Brown Advisory Inc. purchased a new stake in Lithium Argentina in the 1st quarter valued at $215,000. Hedge funds and other institutional investors own 49.17% of the company's stock.
About Lithium Argentina
(
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Lithium Argentina AG, a resource and materials company, focuses on advancing lithium projects in Argentina. The company owns interests in the Cauchari-Olaroz project located in Jujuy province; and the Pastos Grandes project located in Salta Province of Argentina. The company was formerly known as Lithium Americas (Argentina) Corp.
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