Lithium Argentina AG (NYSE:LAR - Free Report) - Investment analysts at Cormark lowered their FY2026 earnings per share estimates for shares of Lithium Argentina in a research report issued on Friday, May 16th. Cormark analyst S. Gill now expects that the company will earn $0.14 per share for the year, down from their previous estimate of $0.19. The consensus estimate for Lithium Argentina's current full-year earnings is ($0.05) per share.
LAR has been the topic of a number of other research reports. Scotiabank cut their price objective on Lithium Argentina from $4.00 to $3.50 and set a "sector outperform" rating on the stock in a research report on Wednesday, March 19th. National Bankshares cut their price target 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.
Read Our Latest Stock Analysis on Lithium Argentina
Lithium Argentina Stock Performance
Lithium Argentina stock opened at $1.94 on Monday. Lithium Argentina has a 52-week low of $1.73 and a 52-week high of $5.09. The firm has a market cap of $314.09 million, a price-to-earnings ratio of 0.25 and a beta of 1.36. The business's 50 day simple moving average is $2.11.
Lithium Argentina (NYSE:LAR - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The company reported ($0.04) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.03).
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in LAR. Sandhill Capital Partners LLC purchased a new stake in shares of Lithium Argentina in the 1st quarter valued at approximately $29,000. HighTower Advisors LLC acquired a new position in shares of Lithium Argentina during the first quarter worth $40,000. Cambridge Investment Research Advisors Inc. purchased a new position in Lithium Argentina in the first quarter valued at $41,000. McCarthy Asset Management Inc. purchased a new position in Lithium Argentina in the first quarter valued at $42,000. Finally, Banco Santander S.A. acquired a new stake in Lithium Argentina in the first quarter valued at $46,000. 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.
Further Reading
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