Scotiabank Reduces Earnings Estimates for Lithium Argentina

Lithium Argentina AG (NYSE:LAR - Free Report) - Stock analysts at Scotiabank cut their FY2025 earnings estimates for shares of Lithium Argentina in a research note issued to investors on Wednesday, March 19th. Scotiabank analyst B. Isaacson now expects that the company will post earnings per share of $0.11 for the year, down from their prior estimate of $0.38. Scotiabank has a "Sector Outperform" rating and a $3.50 price objective on the stock. The consensus estimate for Lithium Argentina's current full-year earnings is ($0.05) per share. Scotiabank also issued estimates for Lithium Argentina's FY2026 earnings at $0.35 EPS.

Separately, National Bankshares lowered their price target 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, March 19th.

Lithium Argentina Price Performance

LAR stock traded up $0.05 during trading on Monday, reaching $2.32. 1,274,628 shares of the company traded hands, compared to its average volume of 1,003,815. Lithium Argentina has a 12 month low of $1.96 and a 12 month high of $5.73. The company has a market cap of $375.68 million, a P/E ratio of 0.30 and a beta of 1.36.

Lithium Argentina (NYSE:LAR - Get Free Report) last issued its quarterly earnings data on Monday, March 17th. The company reported ($0.03) EPS for the quarter, topping analysts' consensus estimates 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.