Lithium Argentina AG (NYSE:LAR – Free Report) – Analysts at Scotiabank lifted their FY2025 earnings estimates for shares of Lithium Argentina in a research note issued to investors on Tuesday, May 20th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings per share of $0.14 for the year, up from their previous estimate of $0.11. Scotiabank has a “Sector Outperform” rating and a $3.00 price target on the stock. The consensus estimate for Lithium Argentina’s current full-year earnings is ($0.05) per share. Scotiabank also issued estimates for Lithium Argentina’s FY2026 earnings at $0.45 EPS.
Separately, National Bankshares cut their price objective on Lithium Argentina from $3.75 to $3.50 and set a “sector perform” rating on the stock in a research report on Wednesday, March 19th.
Lithium Argentina Stock Performance
Shares of Lithium Argentina stock opened at $1.86 on Friday. The stock has a fifty day moving average price of $2.06. The company has a market cap of $300.32 million, a price-to-earnings ratio of 0.24 and a beta of 1.36. Lithium Argentina has a 12-month low of $1.73 and a 12-month high of $4.80.
Lithium Argentina (NYSE:LAR – Get Free Report) last issued its earnings results on Wednesday, May 14th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.03).
Institutional Trading of Lithium Argentina
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC purchased a new position in Lithium Argentina during the first quarter valued at approximately $592,000. Robertson Stephens Wealth Management LLC purchased a new position in shares of Lithium Argentina in the first quarter valued at about $56,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of Lithium Argentina during the first quarter worth about $41,000. Balboa Wealth Partners purchased a new position in Lithium Argentina in the 1st quarter worth approximately $90,000. Finally, Mutual Advisors LLC purchased a new stake in Lithium Argentina during the 1st quarter valued at approximately $103,000. Hedge funds and other institutional investors own 49.17% of the company’s stock.
About Lithium 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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