Lithium Americas (Argentina) Corp. (NYSE:LAAC - Free Report) - Research analysts at National Bank Financial issued their FY2026 earnings per share estimates for Lithium Americas (Argentina) in a report released on Wednesday, January 8th. National Bank Financial analyst M. Sidibe anticipates that the company will post earnings of ($0.01) per share for the year. The consensus estimate for Lithium Americas (Argentina)'s current full-year earnings is ($0.06) per share.
Lithium Americas (Argentina) Trading Down 1.0 %
Lithium Americas (Argentina) stock traded down $0.03 during midday trading on Monday, reaching $2.86. 754,835 shares of the stock traded hands, compared to its average volume of 1,138,686. The firm has a market cap of $463.12 million, a PE ratio of 0.37 and a beta of 1.35. The company has a 50-day simple moving average of $3.08 and a two-hundred day simple moving average of $3.01. Lithium Americas has a 12-month low of $2.07 and a 12-month high of $5.79.
Institutional Trading of Lithium Americas (Argentina)
A number of large investors have recently modified their holdings of the stock. General Motors Holdings LLC acquired a new position in Lithium Americas (Argentina) during the 3rd quarter worth $48,907,000. William Blair Investment Management LLC purchased a new position in Lithium Americas (Argentina) in the second quarter worth approximately $10,465,000. Van ECK Associates Corp grew its holdings in Lithium Americas (Argentina) by 16.3% during the 3rd quarter. Van ECK Associates Corp now owns 3,041,365 shares of the company's stock worth $10,615,000 after acquiring an additional 426,419 shares in the last quarter. M&G PLC increased its position in shares of Lithium Americas (Argentina) by 11.2% in the 3rd quarter. M&G PLC now owns 1,530,176 shares of the company's stock valued at $4,591,000 after purchasing an additional 154,067 shares during the last quarter. Finally, Decade Renewable Partners LP raised its holdings in shares of Lithium Americas (Argentina) by 102.7% in the 2nd quarter. Decade Renewable Partners LP now owns 547,625 shares of the company's stock valued at $1,752,000 after purchasing an additional 277,500 shares in the last quarter. Hedge funds and other institutional investors own 49.17% of the company's stock.
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.
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