Lithium Argentina AG (NYSE:LAR) currently has a daily average trading volume of 862.60K but it saw 1060701 shares traded in last market. With a market cap of 331.96M USD, the company’s current market price of $2.05 came falling about -2.38 while comparing to the previous closing price of $2.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.30 and as low as $1.73.
Taking a look at 20-day trading activity of Lithium Argentina AG (LAR) gives us an average price of $2.06, while its current price level is -61.28% below from 52-week high level whereas it is 18.50% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.14 while that of 200 days or SMA-200 reads an average of $2.70. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.99% during that period while stretching the period over a month that decreases to 4.45%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.39 which implies that the stock is in neutral territory.
Scotiabank upgraded its recommendation for the stock as a “Sector Outperform” from “Sector Perform” on March 22, 2024 while assigning a price target of $8. Deutsche Bank issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $9 and $6.50.
Over the week, LAR’s stock price is moving 0.99% up while it is -3.76% when we observe its performance for the past one month. Year-to-date it is -21.76% down and over the past year, the stock is showing a downside performance of -60.65%.
Currently, Lithium Argentina AG’s total number of outstanding shares is 161.93M with 23.37% of that held by the insiders while 19.10% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -1.84% and return on equity (ROE) at -1.84%. It has a 8.86 of forward P/E ratio. Stock’s beta reads 1.17. Stock has a price to book (P/B) ratio of 0.40. Its return on asset (ROA) is -1.39% on average.
