FY2025 EPS Forecast for Lithium Argentina Reduced by Analyst

Lithium Argentina AG (NYSE:LAR) – Equities researchers at Cormark lowered their FY2025 EPS estimates for shares of Lithium Argentina in a report issued on Wednesday, March 19th. Cormark analyst S. Gill now expects that the company will earn ($0.03) per share for the year, down from their prior estimate of ($0.02). The consensus estimate for Lithium Argentina’s current full-year earnings is ($0.05) per share.

Lithium Argentina (NYSE:LAR) last issued its quarterly earnings results on Monday, March 17th. The company reported ($0.03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.04) by $0.01.

A number of other research firms have also weighed in on LAR. National Bankshares cut their price objective on shares of Lithium Argentina from $3.75 to $3.50 and set a “sector perform” rating on the stock in a research note on Wednesday. Scotiabank cut their price objective on shares of Lithium Argentina from $4.00 to $3.50 and set a “sector outperform” rating on the stock in a research note on Wednesday.

Lithium Argentina Trading Down 4.9 %

Shares of Lithium Argentina stock opened at $2.33 on Friday. Lithium Argentina has a 12-month low of $1.96 and a 12-month high of $5.79. The company has a market cap of $377.30 million, a price-to-earnings ratio of 0.30 and a beta of 1.36.

About Lithium Argentina

Lithium Argentina AG, a resource and materials company, focuses on advancing lithium projects in Argentina. The company owns interests in the Cauchari-Olaroz project located in Jujuy province; and the Pastos Grandes project located in Salta Province of Argentina. The company was formerly known as Lithium Americas (Argentina) Corp.