Lithium Americas (Argentina) (TSE:LAR) Announces Earnings Results

Lithium Americas (Argentina) (TSE:LAR) issued its earnings results on Tuesday. The company reported C$0.11 earnings per share for the quarter, FiscalAI reports.

Lithium Americas (Argentina) Trading Down 5.9%

Shares of Lithium Americas (Argentina) stock traded down C$0.37 during trading on Tuesday, hitting C$5.90. 160,737 shares of the stock traded hands, compared to its average volume of 256,771. The stock’s fifty day simple moving average is C$7.45 and its 200 day simple moving average is C$9.98. The firm has a market cap of C$968.19 million, a P/E ratio of -17.35 and a beta of 2.68. Lithium Americas has a 52-week low of C$5.49 and a 52-week high of C$16.46.

About Lithium Americas (Argentina)

Lithium Argentina, in partnership with Ganfeng, operates the Cauchari-Olaroz lithium brine operation in Argentina and is advancing additional lithium resources in the region.