Cormark Predicts Lower Earnings for Lithium Argentina

Lithium Argentina AG (NYSE:LAR) – Stock analysts at Cormark dropped their FY2026 earnings per share (EPS) estimates for Lithium Argentina in a research report issued to clients and investors on Friday, May 16th. Cormark analyst S. Gill now forecasts that the company will earn $0.14 per share for the year, down from their prior forecast of $0.19. The consensus estimate for Lithium Argentina’s current full-year earnings is ($0.05) per share.

Lithium Argentina (NYSE:LAR) last posted its quarterly earnings data on Wednesday, May 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03).

LAR has been the subject of a number of other research reports. 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 decreased their price objective on Lithium Argentina from $3.75 to $3.50 and set a “sector perform” rating for the company in a report on Wednesday, March 19th.

Lithium Argentina Stock Performance

LAR opened at $1.92 on Monday. The business has a fifty day moving average price of $2.10. The company has a market capitalization of $310.85 million, a P/E ratio of 0.25 and a beta of 1.36. Lithium Argentina has a 12-month low of $1.73 and a 12-month high of $5.09.

Hedge Funds Weigh In On Lithium Argentina

Institutional investors have recently added to or reduced their stakes in the company. Sandhill Capital Partners LLC purchased a new stake in shares of Lithium Argentina in the first quarter worth $29,000. HighTower Advisors LLC purchased a new stake in shares of Lithium Argentina in the first quarter worth $40,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Lithium Argentina in the first quarter worth $41,000. McCarthy Asset Management Inc. purchased a new stake in shares of Lithium Argentina in the first quarter worth $42,000. Finally, Banco Santander S.A. purchased a new stake in shares of Lithium Argentina in the first quarter worth $46,000. Institutional investors own 49.17% of the company’s stock.

Lithium Argentina Company Profile

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.