Cormark Expects Reduced Earnings for Lithium Argentina

Lithium Argentina AG (NYSE:LAR) – Stock analysts at Cormark reduced their FY2025 earnings per share estimates for shares of Lithium Argentina in a report issued on Wednesday, March 19th. Cormark analyst S. Gill now anticipates that the company will post earnings per share of ($0.03) for the year, down from their prior estimate of ($0.02). The consensus estimate for Lithium Argentina’s current full-year earnings is ($0.05) per share.

Lithium Argentina (NYSE:LAR) last released its earnings results 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.

A number of other equities analysts also recently commented on the stock. National Bankshares dropped their target price on shares of Lithium Argentina from $3.75 to $3.50 and set a “sector perform” rating on the stock in a research note on Wednesday. Scotiabank lowered their price target on Lithium Argentina from $4.00 to $3.50 and set a “sector outperform” rating for the company in a report on Wednesday.

Lithium Argentina Trading Down 4.9 %

LAR stock opened at $2.33 on Friday. Lithium Argentina has a 12 month low of $1.96 and a 12 month high of $5.79. The stock has a market capitalization of $377.30 million, a P/E ratio of 0.30 and a beta of 1.36.

Lithium Argentina Company Profile

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.