XTX Topco Ltd Purchases Shares of 16,658 Lithium Americas (Argentina) Corp. (NYSE:LAAC)

XTX Topco Ltd acquired a new position in Lithium Americas (Argentina) Corp. (NYSE:LAAC) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,658 shares of the company’s stock, valued at approximately $54,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Fairscale Capital LLC acquired a new stake in shares of Lithium Americas (Argentina) in the second quarter worth $31,000. Fifth Third Bancorp grew its position in Lithium Americas (Argentina) by 67.9% during the second quarter. Fifth Third Bancorp now owns 9,895 shares of the company’s stock worth $32,000 after buying an additional 4,000 shares in the last quarter. Legacy Capital Group California Inc. acquired a new stake in shares of Lithium Americas (Argentina) during the 3rd quarter worth approximately $36,000. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Lithium Americas (Argentina) in the 2nd quarter valued at $36,000. Finally, Johnson Investment Counsel Inc. bought a new position in Lithium Americas (Argentina) during the second quarter worth about $44,000. 49.17% of the stock is currently owned by institutional investors and hedge funds.

Lithium Americas (Argentina) Price Performance

Shares of NYSE:LAAC opened at $2.72 on Monday. Lithium Americas has a fifty-two week low of $2.07 and a fifty-two week high of $6.69. The stock has a market capitalization of $440.45 million, a price-to-earnings ratio of 0.35 and a beta of 1.31. The business’s fifty day moving average price is $3.30 and its two-hundred day moving average price is $3.11.

Lithium Americas (Argentina) Company Profile

Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. The company owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina. It also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna project located in Salta Province in northwestern Argentina.