For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Lithium Argentina AG’s stock clocked out at $2.25, down -3.02% from its previous closing price of $2.32. In other words, the price has decreased by -$3.02 from its previous closing price. On the day, 0.97 million shares were traded. LAR stock price reached its highest trading level at $2.315 during the session, while it also had its lowest trading level at $2.22.
Ratios:
To gain a deeper understanding of LAR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.55 and its Current Ratio is at 0.55. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.00.
On March 22, 2024, Scotiabank Upgraded its rating to Sector Outperform which previously was Sector Perform but kept the price unchanged to $8.
Deutsche Bank Downgraded its Buy to Hold on January 11, 2024, whereas the target price for the stock was revised from $9 to $6.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LAR now has a Market Capitalization of 364275008 and an Enterprise Value of 540043008.
Stock Price History:
The Beta on a monthly basis for LAR is 1.09, which has changed by -0.22945207 over the last 52 weeks, in comparison to a change of 0.11708844 over the same period for the S&P500. Over the past 52 weeks, LAR has reached a high of $3.96, while it has fallen to a 52-week low of $1.71. The 50-Day Moving Average of the stock is 12.22%, while the 200-Day Moving Average is calculated to be -13.52%.
Shares Statistics:
It appears that LAR traded 930.54K shares on average per day over the past three months and 1175170 shares per day over the past ten days. A total of 161.97M shares are outstanding, with a floating share count of 118.09M. Insiders hold about 27.09% of the company’s shares, while institutions hold 16.56% stake in the company. Shares short for LAR as of 1749772800 were 10319538 with a Short Ratio of 11.09, compared to 1747267200 on 10274698. Therefore, it implies a Short% of Shares Outstanding of 10319538 and a Short% of Float of 6.7.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
Currently, 2.0 analysts are dedicated to thoroughly evaluating and rating the performance of Lithium Argentina AG (LAR) in the stock market.The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.0.
Analysts are recommending an EPS of between -$0.05 and -$0.1 for the fiscal current year, implying an average EPS of -$0.07. EPS for the following year is $0.17, with 4.0 analysts recommending between $0.21 and $0.14.
