Lithium Americas (Argentina) (LAAC) Expected to Announce Quarterly Earnings on Wednesday

Posted by Defense World Staff on Mar 12th, 2025

Lithium Americas (Argentina) (NYSE:LAAC – Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Wednesday, March 19th. Analysts expect Lithium Americas (Argentina) to post earnings of $0.03 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

Lithium Americas (Argentina) Stock Down 5.3 %

Shares of Lithium Americas (Argentina) stock opened at $2.13 on Wednesday. The business has a 50 day moving average price of $2.62 and a 200-day moving average price of $2.91. Lithium Americas has a 52 week low of $2.07 and a 52 week high of $5.79. The company has a market cap of $344.92 million, a PE ratio of 0.27 and a beta of 1.35.

Analyst Upgrades and Downgrades

Separately, Cormark upgraded shares of Lithium Americas (Argentina) to a “moderate buy” rating in a report on Monday, January 20th. Three equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Lithium Americas (Argentina) presently has a consensus rating of “Moderate Buy” and a consensus price target of $7.19.

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Lithium Americas (Argentina) Company Profile

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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.