
Lithium Americas (Argentina) Corp. (NYSE:LAR – Free Report) – Research analysts at Scotiabank lifted their FY2026 earnings per share estimates for shares of Lithium Americas (Argentina) in a note issued to investors on Monday, April 6th. Scotiabank analyst B. Isaacson now forecasts that the company will post earnings per share of $0.35 for the year, up from their prior estimate of $0.27. Scotiabank currently has a “Sector Outperform” rating and a $8.50 target price on the stock. The consensus estimate for Lithium Americas (Argentina)’s current full-year earnings is ($0.05) per share.
A number of other analysts also recently issued reports on LAR. Weiss Ratings reiterated a “sell (d+)” rating on shares of Lithium Americas (Argentina) in a research report on Monday, March 23rd. Stifel Nicolaus lifted their price target on Lithium Americas (Argentina) from $6.00 to $8.50 and gave the company a “buy” rating in a research report on Wednesday, January 7th. National Bank Financial lifted their price target on Lithium Americas (Argentina) from $4.75 to $6.50 and gave the company an “outperform” rating in a research report on Friday, December 19th. HSBC upgraded Lithium Americas (Argentina) from a “hold” rating to a “buy” rating and lifted their price target for the company from $4.75 to $9.60 in a research report on Monday, January 19th. Finally, Deutsche Bank Aktiengesellschaft upgraded Lithium Americas (Argentina) from a “hold” rating to a “buy” rating and set a $8.30 price target for the company in a research report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $7.77.
Lithium Americas (Argentina) Trading Down 1.3%
Shares of LAR opened at $7.43 on Tuesday. The stock has a 50-day moving average price of $7.02 and a 200-day moving average price of $5.84. Lithium Americas has a 12-month low of $1.71 and a 12-month high of $8.80.
Institutional Trading of Lithium Americas (Argentina)
A number of hedge funds have recently bought and sold shares of the company. Van ECK Associates Corp lifted its position in Lithium Americas (Argentina) by 6.8% in the 4th quarter. Van ECK Associates Corp now owns 10,251,244 shares of the company’s stock worth $57,202,000 after buying an additional 657,087 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Lithium Americas (Argentina) by 9.3% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,786,166 shares of the company’s stock worth $9,975,000 after buying an additional 408,065 shares during the last quarter. CenterBook Partners LP lifted its position in Lithium Americas (Argentina) by 102.1% in the 3rd quarter. CenterBook Partners LP now owns 4,200,238 shares of the company’s stock worth $14,029,000 after buying an additional 2,122,035 shares during the last quarter. Invesco Ltd. lifted its position in Lithium Americas (Argentina) by 6.1% in the 3rd quarter. Invesco Ltd. now owns 2,332,308 shares of the company’s stock worth $7,790,000 after buying an additional 133,572 shares during the last quarter. Finally, Millennium Management LLC lifted its position in Lithium Americas (Argentina) by 441.1% in the fourth quarter. Millennium Management LLC now owns 2,200,722 shares of the company’s stock valued at $12,281,000 after purchasing an additional 1,793,994 shares during the last quarter. Institutional investors own 49.17% of the company’s stock.
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.
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