FY2026 Earnings Forecast for LAAC Issued By Cormark

Posted by Defense World Staff on Jan 22nd, 2025

Lithium Americas (Argentina) Corp. (NYSE:LAAC – Free Report) – Stock analysts at Cormark issued their FY2026 earnings per share (EPS) estimates for shares of Lithium Americas (Argentina) in a research report issued to clients and investors on Monday, January 20th. Cormark analyst S. Gill forecasts that the company will earn $0.19 per share for the year. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Lithium Americas (Argentina)’s current full-year earnings is ($0.06) per share.

Lithium Americas (Argentina) Stock Down 4.5 %

NYSE LAAC opened at $2.87 on Tuesday. The stock’s 50 day moving average is $3.03 and its 200 day moving average is $3.00. The firm has a market capitalization of $463.94 million, a PE ratio of 0.37 and a beta of 1.35. Lithium Americas has a twelve month low of $2.07 and a twelve month high of $5.79.

Institutional Trading of Lithium Americas (Argentina)

A number of institutional investors and hedge funds have recently modified their holdings of the business. Fairscale Capital LLC purchased a new stake in Lithium Americas (Argentina) in the second quarter worth approximately $31,000. Legacy Capital Group California Inc. bought a new position in Lithium Americas (Argentina) in the third quarter valued at about $36,000. Vanguard Personalized Indexing Management LLC purchased a new position in Lithium Americas (Argentina) in the second quarter worth about $36,000. Sanctuary Advisors LLC bought a new stake in shares of Lithium Americas (Argentina) during the 3rd quarter valued at about $40,000. Finally, McCarthy Asset Management Inc. purchased a new stake in shares of Lithium Americas (Argentina) during the 3rd quarter valued at about $49,000. Institutional investors own 49.17% of the company’s stock.

About Lithium Americas (Argentina)

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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.