MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Lithium Americas (Argentina) Corp. (NYSE:LAAC - Free Report) by 64.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,207,350 shares of the company's stock after acquiring an additional 1,650,835 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned about 2.60% of Lithium Americas (Argentina) worth $11,058,000 at the end of the most recent quarter.
Several other large investors have also made changes to their positions in the company. William Blair Investment Management LLC lifted its stake in Lithium Americas (Argentina) by 1.8% in the fourth quarter. William Blair Investment Management LLC now owns 3,230,750 shares of the company's stock valued at $8,465,000 after buying an additional 58,481 shares during the period. CenterBook Partners LP lifted its stake in Lithium Americas (Argentina) by 20.0% in the fourth quarter. CenterBook Partners LP now owns 3,096,302 shares of the company's stock valued at $8,112,000 after buying an additional 516,311 shares during the period. Legal & General Group Plc lifted its stake in Lithium Americas (Argentina) by 6.1% in the fourth quarter. Legal & General Group Plc now owns 227,215 shares of the company's stock valued at $597,000 after buying an additional 13,031 shares during the period. Wells Fargo & Company MN lifted its stake in Lithium Americas (Argentina) by 67.8% in the fourth quarter. Wells Fargo & Company MN now owns 221,772 shares of the company's stock valued at $581,000 after buying an additional 89,591 shares during the period. Finally, Sprott Inc. lifted its stake in Lithium Americas (Argentina) by 13.6% in the fourth quarter. Sprott Inc. now owns 201,358 shares of the company's stock valued at $528,000 after buying an additional 24,068 shares during the period. Institutional investors and hedge funds own 49.17% of the company's stock.
Lithium Americas (Argentina) Stock Performance
NYSE:LAAC traded down $0.09 during mid-day trading on Thursday, hitting $1.82. The company had a trading volume of 1,722,562 shares, compared to its average volume of 1,384,743. Lithium Americas has a fifty-two week low of $2.07 and a fifty-two week high of $5.03. The business's fifty day moving average is $2.09 and its two-hundred day moving average is $2.57. The firm has a market cap of $294.72 million, a P/E ratio of 0.23 and a beta of 1.35.
About Lithium Americas (Argentina)
(
Free Report)
Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. The company owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina. It also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna project located in Salta Province in northwestern Argentina.
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