Lithium Americas (Argentina) (NYSE:LAAC) Upgraded by Cormark to “Moderate Buy” Rating

Lithium Americas (Argentina) (NYSE:LAAC) was upgraded by investment analysts at Cormark to a “moderate buy” rating in a research report issued on Monday,Zacks.com reports. Cormark also issued estimates for Lithium Americas (Argentina)’s FY2026 earnings at $0.19 EPS.

Lithium Americas (Argentina) Stock Up 0.2 %

Shares of LAAC opened at $3.00 on Monday. The firm has a market cap of $484.98 million, a price-to-earnings ratio of 0.38 and a beta of 1.35. The company’s fifty day moving average is $3.03 and its 200-day moving average is $3.00. Lithium Americas has a 12 month low of $2.07 and a 12 month high of $5.79.

Institutional Trading of Lithium Americas (Argentina)

Several large investors have recently modified their holdings of LAAC. Legacy Capital Group California Inc. acquired a new position in shares of Lithium Americas (Argentina) during the third quarter worth approximately $36,000. Vanguard Personalized Indexing Management LLC acquired a new position in Lithium Americas (Argentina) during the 2nd quarter valued at $36,000. Sanctuary Advisors LLC bought a new stake in Lithium Americas (Argentina) in the 3rd quarter valued at $40,000. McCarthy Asset Management Inc. acquired a new stake in Lithium Americas (Argentina) in the 3rd quarter worth $49,000. Finally, XTX Topco Ltd bought a new position in shares of Lithium Americas (Argentina) during the 3rd quarter worth about $54,000. 49.17% of the stock is owned by institutional investors.

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.