Lithium Americas (Argentina) Corp. (NYSE:LAR – Free Report) – Equities research analysts at Cormark issued their FY2025 earnings per share estimates for Lithium Americas (Argentina) in a report released on Wednesday, August 20th. Cormark analyst M. Whale expects that the company will post earnings of ($0.09) per share for the year. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Lithium Americas (Argentina)’s current full-year earnings is ($0.05) per share. Cormark also issued estimates for Lithium Americas (Argentina)’s FY2026 earnings at $0.10 EPS.
Other equities research analysts have also issued research reports about the stock. Scotiabank reaffirmed a “sector perform” rating and issued a $3.50 target price (up previously from $3.00) on shares of Lithium Americas (Argentina) in a report on Wednesday, August 13th. National Bank Financial upgraded Lithium Americas (Argentina) from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 11th. BMO Capital Markets boosted their price objective on Lithium Americas (Argentina) from $2.50 to $4.00 and gave the stock a “market perform” rating in a research note on Tuesday, August 12th. Finally, National Bankshares upgraded Lithium Americas (Argentina) from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $2.90 to $4.50 in a research note on Tuesday, August 12th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $4.00.
Lithium Americas (Argentina) Price Performance
Shares of LAR opened at $3.21 on Friday. Lithium Americas has a 1 year low of $1.71 and a 1 year high of $3.96. The stock has a 50 day simple moving average of $2.64 and a 200-day simple moving average of $2.30.
Hedge Funds Weigh In On Lithium Americas (Argentina)
Several hedge funds have recently added to or reduced their stakes in the stock. Brown Advisory Inc. grew its position in shares of Lithium Americas (Argentina) by 3.0% during the 2nd quarter. Brown Advisory Inc. now owns 103,636 shares of the company’s stock worth $216,000 after buying an additional 3,000 shares during the period. Raymond James Financial Inc. boosted its stake in Lithium Americas (Argentina) by 14.1% during the 2nd quarter. Raymond James Financial Inc. now owns 26,030 shares of the company’s stock worth $54,000 after acquiring an additional 3,214 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Lithium Americas (Argentina) by 7.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 54,020 shares of the company’s stock valued at $112,000 after purchasing an additional 3,575 shares during the period. Stratos Wealth Advisors LLC bought a new stake in Lithium Americas (Argentina) in the second quarter valued at approximately $28,000. Finally, Sandhill Capital Partners LLC acquired a new stake in Lithium Americas (Argentina) in the first quarter worth $29,000. Institutional investors and hedge funds own 49.17% of the company’s stock.
About Lithium Americas (Argentina)
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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