Argentina Lithium & Energy (LIT) Stock Price, News & Analysis

Company Overview

Argentina Lithium & Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. It primarily explores for lithium. The company was formerly known as Iron South Mining Corp. and changed its name to Argentina Lithium & Energy Corp. in September 2016. Argentina Lithium & Energy Corp. was incorporated in 2000 and is based in Vancouver, Canada.

Key Stats

• Today's Range: C$0.18 to C$0.18
• 50-Day Range: C$0.13 to C$0.20
• 52-Week Range: C$0.12 to C$0.43
• Volume: 38,968 shs
• Average Volume: 59,380 shs
• Market Capitalization: C$23.48 million
• P/E Ratio: N/A
• Dividend Yield: 720.00%
• Price Target: C$0.40
• Consensus Rating: Buy

Argentina Lithium & Energy Stock Analysis - MarketRank™

Argentina Lithium & Energy scored higher than 57% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Argentina Lithium & Energy has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Argentina Lithium & Energy has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Argentina Lithium & Energy is -0.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Argentina Lithium & Energy is -0.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Argentina Lithium & Energy has a P/B Ratio of 0.39. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for LIT.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Argentina Lithium & Energy is a leading dividend payer. It pays a dividend yield of 12.37%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Argentina Lithium & Energy does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for LIT.

News and Social Media

• Score: 2.2 / 5
• News Sentiment: 0.00

News Sentiment

Argentina Lithium & Energy has a news sentiment score of 0.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Argentina Lithium & Energy this week, compared to 3 articles on an average week.

Search Interest

9 people have searched for LIT on MarketBeat in the last 30 days. This is an increase of 125% compared to the previous 30 days.

MarketBeat Follows

1 people have added Argentina Lithium & Energy to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Argentina Lithium & Energy insiders have not sold or bought any company stock.

Percentage Held by Insiders

36.06% of the stock of Argentina Lithium & Energy is held by insiders. A high percentage of insider ownership can be a sign of company health.

LIT Stock Analysis - Frequently Asked Questions

How have LIT shares performed this year?

Argentina Lithium & Energy's stock was trading at C$0.34 at the start of the year. Since then, LIT shares have decreased by 48.5% and is now trading at C$0.18.
View the best growth stocks for 2024 here.

How were Argentina Lithium & Energy's earnings last quarter?

Argentina Lithium & Energy Corp. (CVE:LIT) posted its quarterly earnings data on Wednesday, August, 28th. The company reported ($0.03) earnings per share for the quarter.

How do I buy shares of Argentina Lithium & Energy?

Shares of LIT stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What other stocks do shareholders of Argentina Lithium & Energy own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Argentina Lithium & Energy investors own include NVIDIA (NVDA), Netflix (NFLX), Meta Platforms (META), Advanced Micro Devices (AMD), PayPal (PYPL), Block (SQ) and ASML (ASML).

Company Calendar

• Last Earnings: 8/28/2024
• Today: 11/23/2024

Industry, Sector and Symbol

• Stock Exchange: CVE
• Sector: Basic Materials
• Industry: Other Industrial Metals & Mining
• Sub-Industry: N/A
• Current Symbol: CVE:LIT
• CUSIP: N/A
• CIK: N/A
• Web: argentinalithium.com
• Phone: +1-604-6871828
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$0.40
• High Stock Price Target: C$0.40
• Low Stock Price Target: C$0.40
• Potential Upside/Downside: +128.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C($0.35)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$-45,810,000.00
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: -137.47%
• Return on Assets: -23.98%

Debt

• Debt-to-Equity Ratio: 1.09
• Current Ratio: 30.57
• Quick Ratio: 2.02

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: C$0.01 per share
• Price / Cash Flow: 15.28
• Book Value: C$0.45 per share
• Price / Book: 0.39

Miscellaneous

• Outstanding Shares: 134,180,000
• Free Float: N/A
• Market Cap: C$23.48 million
• Optionable: Not Optionable
• Beta: N/A