Lithium Americas (Argentina) (TSE:LAR) Shares Up 2.1% – Still a Buy?

Shares of Lithium Americas (Argentina) Corp. (TSE:LARGet Free Report) shot up 2.1% on Monday . The stock traded as high as C$3.05 and last traded at C$2.95. 148,079 shares were traded during mid-day trading, an increase of 31% from the average session volume of 113,314 shares. The stock had previously closed at C$2.89.

Lithium Americas (Argentina) Price Performance

The company’s 50 day moving average price is C$3.23.

About Lithium Americas (Argentina)

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Lithium Argentina is a producer of lithium carbonate for use primarily in lithium-ion batteries and electric vehicles. The Company, in partnership with Ganfeng Lithium Co Ltd, is operating the Cauchari-Olaroz lithium brine operation in Argentina and advancing development of additional lithium resources in the region.

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