Lithium Americas (Argentina) (TSE:LAR) Stock Price Down 0.4% – Here’s Why

Lithium Americas (Argentina) Corp. (TSE:LAR)’s share price was down 0.4% during mid-day trading on Friday . The company traded as low as C$2.68 and last traded at C$2.73. Approximately 37,858 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 145,165 shares. The stock had previously closed at C$2.74.

Lithium Americas (Argentina) Stock Performance

The business’s 50-day simple moving average is C$2.74.

Lithium Americas (Argentina) Company Profile

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.