Lithium Argentina AG (NYSE:LAR – Free Report) – Stock analysts at Cormark dropped their FY2026 earnings estimates for shares of Lithium Argentina in a note issued to investors on Friday, May 16th. Cormark analyst S. Gill now anticipates that the company will post earnings per share of $0.14 for the year, down from their previous forecast of $0.19. The consensus estimate for Lithium Argentina’s current full-year earnings is ($0.05) per share.
Lithium Argentina (NYSE:LAR – Get Free Report) last issued its quarterly earnings data 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).
Check Out Our Latest Research Report on LAR
Lithium Argentina Stock Performance
Shares of NYSE LAR opened at $1.94 on Monday. The firm has a 50-day moving average price of $2.11. The firm has a market cap of $314.09 million, a PE ratio of 0.25 and a beta of 1.36. Lithium Argentina has a 52-week low of $1.73 and a 52-week high of $5.09.
Hedge Funds Weigh In On Lithium Argentina
Several institutional investors have recently added to or reduced their stakes in LAR. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Lithium Argentina during the 1st quarter worth approximately $9,308,000. Hancock Prospecting Pty Ltd acquired a new stake in shares of Lithium Argentina during the first quarter worth $5,368,000. CenterBook Partners LP purchased a new position in Lithium Argentina in the 1st quarter valued at $4,613,000. Woodline Partners LP acquired a new position in Lithium Argentina in the 1st quarter valued at $3,456,000. Finally, Invesco Ltd. acquired a new position in Lithium Argentina in the 1st quarter valued at $3,307,000. Institutional investors and hedge funds 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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