Stifel Canada Has Optimistic View of TSE:LAR FY2025 Earnings

Lithium Americas (Argentina) Corp. (TSE:LAR) – Research analysts at Stifel Canada boosted their FY2025 EPS estimates for shares of Lithium Americas (Argentina) in a research note issued on Monday, August 11th. Stifel Canada analyst C. Mcgill now anticipates that the company will post earnings per share of ($0.04) for the year, up from their prior estimate of ($0.07). Stifel Canada also issued estimates for Lithium Americas (Argentina)’s FY2027 earnings at $0.69 EPS.

A number of other research analysts also recently issued reports on LAR. Scotiabank downgraded shares of Lithium Americas (Argentina) from a “strong-buy” rating to a “hold” rating in a research report on Wednesday. National Bank Financial upgraded shares of Lithium Americas (Argentina) from a “hold” rating to a “strong-buy” rating in a research report on Monday.

Lithium Americas (Argentina) Stock Performance

Lithium Americas (Argentina) stock opened at C$4.63 on Thursday. The firm’s 50-day moving average is C$3.42 and its 200-day moving average is C$3.17. Lithium Americas has a 1 year low of C$2.36 and a 1 year high of C$5.18.

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.