Lithium Argentina AG (NYSE:LAR – Free Report) – Stock analysts at Cormark dropped their FY2025 EPS estimates for Lithium Argentina in a note issued to investors on Wednesday, March 19th. Cormark analyst S. Gill now forecasts that the company will post earnings per share of ($0.03) for the year, down from their previous estimate of ($0.02). The consensus estimate for Lithium Argentina’s current full-year earnings is ($0.05) per share.
Several other equities analysts also recently issued reports on LAR. Scotiabank decreased their price objective on shares of Lithium Argentina from $4.00 to $3.50 and set a “sector outperform” rating on the stock in a report on Wednesday. National Bankshares decreased their price objective on shares of Lithium Argentina from $3.75 to $3.50 and set a “sector perform” rating on the stock in a report on Wednesday.
Lithium Argentina Trading Down 4.9 %
LAR stock opened at $2.33 on Friday. The firm has a market cap of $377.30 million, a P/E ratio of 0.30 and a beta of 1.36. Lithium Argentina has a one year low of $1.96 and a one year high of $5.79.
Lithium Argentina (NYSE:LAR – Get Free Report) last released its quarterly earnings results on Monday, March 17th. The company reported ($0.03) EPS for the quarter, beating the consensus estimate of ($0.04) by $0.01.
Lithium Argentina Company Profile
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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