Lithium Americas (Argentina) (NYSE:LAAC) Raised to “Moderate Buy” at Cormark

Lithium Americas (Argentina) (NYSE:LAAC) was upgraded by equities researchers at Cormark to a “moderate buy” rating in a research report issued on Monday,Zacks.com reports. Cormark also issued estimates for Lithium Americas (Argentina)’s FY2026 earnings at $0.19 EPS.

Lithium Americas (Argentina) Trading Down 4.5 %

Shares of NYSE LAAC opened at $2.87 on Monday. Lithium Americas has a 12-month low of $2.07 and a 12-month high of $5.79. The firm has a market capitalization of $463.94 million, a price-to-earnings ratio of 0.37 and a beta of 1.35. The firm has a 50 day moving average of $3.03 and a 200 day moving average of $3.00.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Legacy Capital Group California Inc. bought a new stake in Lithium Americas (Argentina) during the 3rd quarter worth approximately $36,000. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Lithium Americas (Argentina) during the 2nd quarter valued at $36,000. Sanctuary Advisors LLC bought a new position in Lithium Americas (Argentina) in the 3rd quarter worth $40,000. McCarthy Asset Management Inc. bought a new position in Lithium Americas (Argentina) in the 3rd quarter worth $49,000. Finally, XTX Topco Ltd purchased a new stake in Lithium Americas (Argentina) in the 3rd quarter worth $54,000. 49.17% of the stock is owned by hedge funds and other institutional investors.

About Lithium Americas (Argentina)

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.