Lithium Argentina AG (NYSE:LAR – Free Report) – Analysts at Stifel Canada cut their FY2026 EPS estimates for Lithium Argentina in a research report issued on Thursday, May 15th. Stifel Canada analyst C. Mcgill now anticipates that the company will post earnings of $0.19 per share for the year, down from their prior estimate of $0.24. 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 results on Wednesday, May 14th. The company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.03).
Check Out Our Latest Report on LAR
Lithium Argentina Price Performance
NYSE LAR opened at $1.92 on Monday. The stock’s fifty day moving average price is $2.10. Lithium Argentina has a 1 year low of $1.73 and a 1 year high of $5.09. The company has a market capitalization of $310.85 million, a price-to-earnings ratio of 0.25 and a beta of 1.36.
Hedge Funds Weigh In On Lithium Argentina
Institutional investors and hedge funds have recently modified their holdings of the business. Banco Santander S.A. acquired a new position in shares of Lithium Argentina in the first quarter valued at about $46,000. Formidable Asset Management LLC acquired a new position in shares of Lithium Argentina in the first quarter valued at about $779,000. Ping Capital Management Inc. acquired a new position in shares of Lithium Argentina in the first quarter valued at about $107,000. Brown Advisory Inc. acquired a new position in shares of Lithium Argentina in the first quarter valued at about $215,000. Finally, Cambridge Investment Research Advisors Inc. acquired a new position in shares of Lithium Argentina in the first quarter valued at about $41,000. 49.17% of the stock is currently owned by institutional investors and hedge funds.
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.
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