Lithium Argentina AG (NYSE:LAR) currently has a daily average trading volume of 880.17K but it saw 1292182 shares traded in last market. With a market cap of 294.71M USD, the company’s current market price of $1.82 remained unchanged while comparing to the previous closing price of $1.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $5.03 and as low as $1.73.
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 -6.19% down while it is -8.54% when we observe its performance for the past one month. Year-to-date it is -30.53% down and over the past year, the stock is showing a downside performance of -63.45%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.03 while estimate for next year EPS is -0.07.
Currently, Lithium Argentina AG’s total number of outstanding shares is 161.97M with 23.37% of that held by the insiders while 20.66% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -1.48% and return on equity (ROE) at -1.49%. It has a 7.93 of forward P/E ratio. Stock’s beta reads 1.15. Stock has a price to book (P/B) ratio of 0.36. Its return on asset (ROA) is -1.12% on average.
