Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $1.95 in the prior trading day, Lithium Argentina AG (NYSE: LAR) closed at $1.91, down -2.05%. In other words, the price has decreased by -$2.05 from its previous closing price. On the day, 0.65 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 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.
Stock Price History:
Over the past 52 weeks, LAR has reached a high of $5.09, while it has fallen to a 52-week low of $1.73. The 50-Day Moving Average of the stock is -9.64%, while the 200-Day Moving Average is calculated to be -28.96%.
Shares Statistics:
A total of 161.97M shares are outstanding, with a floating share count of 133.18M. Insiders hold about 17.75% of the company’s shares, while institutions hold 16.57% stake in the company.
Earnings Estimates
The stock of Lithium Argentina AG (LAR) is currently being evaluated by 1.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.0, with high estimates of $0.0 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 $0.23, with 5.0 analysts recommending between $0.41 and $0.14.
