Lithium Argentina (NYSE:LAR – Free Report) had its price objective trimmed by Scotiabank from $4.00 to $3.50 in a research note published on Wednesday morning, MarketBeat.com reports. The brokerage currently has a sector outperform rating on the stock.
Lithium Argentina Price Performance
LAR stock opened at $2.47 on Wednesday. The company has a market cap of $399.97 million, a P/E ratio of 0.32 and a beta of 1.36. Lithium Argentina has a fifty-two week low of $1.96 and a fifty-two week high of $5.79.
Lithium Argentina (NYSE:LAR – Get Free Report) last released its quarterly earnings data on Monday, March 17th. The company reported ($0.03) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01. As a group, sell-side analysts anticipate that Lithium Argentina will post -0.05 earnings per share for the current fiscal year.
About Lithium Argentina
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.
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