Lithium Americas (Argentina) (TSE:LAR) Trading Up 1.4% – Here’s What Happened

Lithium Americas (Argentina) Corp. (TSE:LAR) traded up 1.4% on Monday . The company traded as high as C$8.28 and last traded at C$8.24. 260,704 shares changed hands during mid-day trading, a decline of 1% from the average daily volume of 262,411 shares. The stock had previously closed at C$8.13.

Lithium Americas (Argentina) Price Performance

The stock has a market capitalization of C$1.30 billion, a P/E ratio of -23.32 and a beta of 2.52. The company has a fifty day moving average of C$9.10 and a two-hundred day moving average of C$10.85.

About Lithium Americas (Argentina)

Lithium Argentina is an emerging producer of lithium carbonate for use primarily in lithium-ion batteries and electric vehicles. The Company, in partnership with Ganfeng operates the Cauchari-Olaroz lithium brine operation in the Jujuy province of Argentina and advancing the PPG Project in the Salta province of Argentina. Lithium Argentina currently trades on the Toronto Stock Exchange (‘ TSX ‘) and the New York Stock Exchange (‘ NYSE ‘) under the ticker ‘LAR’.