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The price of Lithium Argentina AG (NYSE: LAR) closed at $2.59 in the last session, up 1.57% from day before closing price of $2.55. In other words, the price has increased by $1.57 from its previous closing price. On the day, 0.97 million shares were traded.
Ratios:
We take a closer look at LAR’s different ratios to gain a better understanding of the stock. 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 0.33, and their Forward P/E ratio for the next fiscal year is 56.12. 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 -7.05%, while the 200-Day Moving Average is calculated to be -19.92%.
Shares Statistics:
A total of 161.92M shares are outstanding, with a floating share count of 133.19M. Insiders hold about 17.75% of the company’s shares, while institutions hold 20.18% stake in the company.
