Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $2.34 in the prior trading day, Lithium Argentina AG (NYSE: LAR) closed at $2.32, down -0.85%. In other words, the price has decreased by -$0.85 from its previous closing price. On the day, 0.96 million shares were traded.
Ratios:
Our goal is to gain a better understanding of LAR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.72 and its Current Ratio is at 4.72. In the meantime, Its Debt-to-Equity ratio is 0.25 whereas as Long-Term Debt/Eq ratio is at 0.25.
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:
As of this moment, Lithium’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.30, and their Forward P/E ratio for the next fiscal year is 48.18. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.01.
Stock Price History:
Over the past 52 weeks, LAR has reached a high of $5.79, while it has fallen to a 52-week low of $2.07. The 50-Day Moving Average of the stock is -14.93%, while the 200-Day Moving Average is calculated to be -26.95%.
Shares Statistics:
A total of 161.92M shares are outstanding, with a floating share count of 133.25M. Insiders hold about 17.71% of the company’s shares, while institutions hold 20.24% stake in the company.
Earnings Estimates
The performance of Lithium Argentina AG (LAR) in the stock market is under the watchful eye of 5.0 analysts actively contributing to its current rating.The consensus estimate for the next quarter is -$0.0, with high estimates of $0.02 and low estimates of -$0.03.
Analysts are recommending an EPS of between -$0.04 and -$0.13 for the fiscal current year, implying an average EPS of -$0.08. EPS for the following year is $0.02, with 7.0 analysts recommending between $0.13 and -$0.05.
