
Lithium Americas (Argentina) Corp. (NYSE:LAR – Free Report) – Research analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for Lithium Americas (Argentina) in a research report issued on Monday, July 27th. Scotiabank analyst B. Isaacson now forecasts that the company will earn $0.31 per share for the year, down from their previous forecast of $0.38. Scotiabank currently has a “Sector Outperform” rating and a $10.00 target price on the stock. The consensus estimate for Lithium Americas (Argentina)’s current full-year earnings is $0.28 per share. Scotiabank also issued estimates for Lithium Americas (Argentina)’s FY2027 earnings at $0.36 EPS.
Lithium Americas (Argentina) (NYSE:LAR – Get Free Report) last released its quarterly earnings data on Tuesday, May 12th. The company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.07).
Read Our Latest Stock Analysis on LAR
Lithium Americas (Argentina) Trading Up 7.5%
Shares of NYSE:LAR opened at $5.95 on Friday. The company has a 50 day moving average of $8.14 and a 200 day moving average of $8.03. The stock has a market cap of $973.79 million and a P/E ratio of -15.64. Lithium Americas has a 12 month low of $2.52 and a 12 month high of $12.05.
Institutional Investors Weigh In On Lithium Americas (Argentina)
Large investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. bought a new stake in Lithium Americas (Argentina) during the second quarter worth about $37,000. BNP Paribas Financial Markets increased its position in shares of Lithium Americas (Argentina) by 45.3% during the 3rd quarter. BNP Paribas Financial Markets now owns 11,388 shares of the company’s stock valued at $38,000 after purchasing an additional 3,552 shares during the last quarter. TD Waterhouse Canada Inc. increased its position in shares of Lithium Americas (Argentina) by 538.8% during the 4th quarter. TD Waterhouse Canada Inc. now owns 6,995 shares of the company’s stock valued at $39,000 after purchasing an additional 5,900 shares during the last quarter. Diversify Advisory Services LLC bought a new position in shares of Lithium Americas (Argentina) during the 2nd quarter valued at about $40,000. Finally, Raymond James Financial Inc. raised its holdings in shares of Lithium Americas (Argentina) by 14.1% during the 2nd quarter. Raymond James Financial Inc. now owns 26,030 shares of the company’s stock valued at $54,000 after buying an additional 3,214 shares in the last quarter. Hedge funds and other institutional investors own 49.17% of the company’s stock.
About Lithium Americas (Argentina)
Lithium Americas (Argentina) is a subsidiary of Lithium Americas Corp. focused on the exploration, development and production of lithium brine resources in the Jujuy province of northwest Argentina. The company’s principal asset is the Cauchari-Olaroz project, situated within the Lithium Triangle, one of the world’s richest regions for lithium-bearing brines. Through its Argentine operations, Lithium Americas aims to supply battery-grade lithium carbonate critical to electric vehicle and energy-storage markets.
The Cauchari-Olaroz project encompasses concessions on the Salar de Cauchari and Salar de Olaroz salt flats, where detailed drilling programs and pilot‐scale evaporation ponds have demonstrated favorable lithium concentrations.
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