
Lithium Americas (Argentina) Corp. (NYSE:LAR – Free Report) – Equities research analysts at Scotiabank boosted their FY2026 earnings per share (EPS) estimates for shares of Lithium Americas (Argentina) in a research note issued to investors on Monday, April 6th. Scotiabank analyst B. Isaacson now anticipates that the company will post earnings of $0.35 per share for the year, up from their previous forecast of $0.27. Scotiabank has a “Sector Outperform” rating and a $8.50 price objective on the stock. The consensus estimate for Lithium Americas (Argentina)’s current full-year earnings is ($0.05) per share.
A number of other brokerages have also issued reports on LAR. HSBC raised Lithium Americas (Argentina) from a “hold” rating to a “buy” rating and boosted their target price for the stock from $4.75 to $9.60 in a research report on Monday, January 19th. Wall Street Zen raised Lithium Americas (Argentina) from a “sell” rating to a “hold” rating in a research report on Saturday, March 28th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Lithium Americas (Argentina) in a research report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft raised Lithium Americas (Argentina) from a “hold” rating to a “buy” rating and set a $8.30 target price on the stock in a research report on Tuesday, January 13th. Finally, Stifel Nicolaus boosted their target price on Lithium Americas (Argentina) from $6.00 to $8.50 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Lithium Americas (Argentina) has an average rating of “Moderate Buy” and an average price target of $7.77.
Lithium Americas (Argentina) Trading Down 3.2%
NYSE LAR opened at $7.19 on Tuesday. The company’s 50 day simple moving average is $6.99 and its 200 day simple moving average is $5.87. Lithium Americas has a 12 month low of $1.71 and a 12 month high of $8.80.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of LAR. Van ECK Associates Corp raised its position in Lithium Americas (Argentina) by 119.3% during the third quarter. Van ECK Associates Corp now owns 9,594,157 shares of the company’s stock valued at $32,045,000 after buying an additional 5,219,416 shares during the period. CenterBook Partners LP grew its stake in Lithium Americas (Argentina) by 102.1% in the third quarter. CenterBook Partners LP now owns 4,200,238 shares of the company’s stock valued at $14,029,000 after purchasing an additional 2,122,035 shares in the last quarter. Seldon Capital LP acquired a new position in Lithium Americas (Argentina) in the 3rd quarter worth about $6,076,000. Millennium Management LLC increased its position in Lithium Americas (Argentina) by 441.1% in the 4th quarter. Millennium Management LLC now owns 2,200,722 shares of the company’s stock worth $12,281,000 after purchasing an additional 1,793,994 shares during the last quarter. Finally, Woodline Partners LP acquired a new position in Lithium Americas (Argentina) in the 1st quarter worth about $3,456,000. 49.17% of the stock is owned by institutional investors and hedge funds.
Lithium Americas (Argentina) Company Profile
Lithium Americas (Argentina) is a subsidiary of Lithium Americas Corp. focused on the exploration, development and production of lithium brine resources in the Jujuy province of northwest Argentina. The company’s principal asset is the Cauchari-Olaroz project, situated within the Lithium Triangle, one of the world’s richest regions for lithium-bearing brines. Through its Argentine operations, Lithium Americas aims to supply battery-grade lithium carbonate critical to electric vehicle and energy-storage markets.
The Cauchari-Olaroz project encompasses concessions on the Salar de Cauchari and Salar de Olaroz salt flats, where detailed drilling programs and pilotāscale evaporation ponds have demonstrated favorable lithium concentrations.
Further Reading
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