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Lithium Americas (Argentina) Corp. (TSE:LAR – Free Report) – Analysts at Scotiabank increased their FY2026 earnings per share (EPS) estimates for Lithium Americas (Argentina) in a report released on Monday, April 6th. Scotiabank analyst B. Isaacson now forecasts that the company will earn $0.49 per share for the year, up from their prior forecast of $0.38. Scotiabank has a “Strong-Buy” rating on the stock. Scotiabank also issued estimates for Lithium Americas (Argentina)’s FY2027 earnings at $0.59 EPS.
Lithium Americas (Argentina) (TSE:LAR – Get Free Report) last announced its quarterly earnings data on Monday, March 23rd. The company reported C$0.01 earnings per share for the quarter.
Lithium Americas (Argentina) Price Performance
Shares of LAR stock opened at C$10.01 on Tuesday. The business’s fifty day moving average price is C$9.57 and its 200 day moving average price is C$8.09. Lithium Americas has a 1-year low of C$2.36 and a 1-year high of C$12.03. The firm has a market capitalization of C$1.63 billion, a PE ratio of -21.30 and a beta of 1.75.
Insider Buying and Selling at Lithium Americas (Argentina)
In other news, insider Daniel Cherniak sold 30,977 shares of the company’s stock in a transaction on Wednesday, January 28th. The stock was sold at an average price of C$10.57, for a total value of C$327,426.89. Following the sale, the insider directly owned 24,754 shares in the company, valued at C$261,649.78. This represents a 55.58% decrease in their ownership of the stock. Also, insider Ignacio Celorrio sold 50,453 shares of the company’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of C$10.11, for a total value of C$510,079.83. Following the completion of the sale, the insider owned 324,110 shares in the company, valued at C$3,276,752.10. This represents a 13.47% decrease in their ownership of the stock.
About Lithium Americas (Argentina)
Lithium Argentina is an emerging producer of lithium carbonate for use primarily in lithium-ion batteries and electric vehicles. The Company, in partnership with Ganfeng operates the Cauchari-Olaroz lithium brine operation in the Jujuy province of Argentina and advancing the PPG Project in the Salta province of Argentina. Lithium Argentina currently trades on the Toronto Stock Exchange (‘ TSX ‘) and the New York Stock Exchange (‘ NYSE ‘) under the ticker ‘LAR’.
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