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Lithium Americas (Argentina) (LAAC) Expected to Announce Quarterly Earnings on Wednesday

Lithium Americas (Argentina) logo with Basic Materials background
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Lithium Americas (Argentina) (NYSE:LAAC - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Wednesday, March 19th. Analysts expect Lithium Americas (Argentina) to post earnings of $0.03 per share for the quarter. Investors that are interested in registering for the company's conference call can do so using this link.

Lithium Americas (Argentina) Stock Down 5.3 %

Shares of Lithium Americas (Argentina) stock opened at $2.13 on Wednesday. The business has a 50 day moving average price of $2.62 and a 200-day moving average price of $2.91. Lithium Americas has a 52 week low of $2.07 and a 52 week high of $5.79. The company has a market cap of $344.92 million, a PE ratio of 0.27 and a beta of 1.35.

Analyst Upgrades and Downgrades

Separately, Cormark upgraded shares of Lithium Americas (Argentina) to a "moderate buy" rating in a report on Monday, January 20th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, Lithium Americas (Argentina) presently has a consensus rating of "Moderate Buy" and a consensus price target of $7.19.

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Lithium Americas (Argentina) Company Profile

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Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. The company owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina. It also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna project located in Salta Province in northwestern Argentina.

Further Reading

Earnings History for Lithium Americas (Argentina) (NYSE:LAAC)

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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