Lithium Americas (Argentina) (TSE:LAR) Hits New 12-Month Low – What’s Next?

Lithium Americas (Argentina) Corp. (TSE:LAR)’s stock price hit a new 52-week low during trading on Thursday. The stock traded as low as C$5.19 and last traded at C$5.26, with a volume of 9,495 shares trading hands. The stock had previously closed at C$5.84.

Lithium Americas (Argentina) Price Performance

The stock has a fifty day moving average price of C$7.30 and a two-hundred day moving average price of C$9.92. The company has a market cap of C$875.19 million, a P/E ratio of 41.00 and a beta of 2.68.

Lithium Americas (Argentina) (TSE:LAR) last issued its quarterly earnings data on Tuesday, November 10th. The company reported C$0.11 earnings per share (EPS) for the quarter.

Lithium Americas (Argentina) Company Profile

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