Lithium Americas (Argentina) (LAAC) Projected to Post Earnings on Wednesday

Lithium Americas (Argentina) (NYSE:LAAC) is expected to announce its earnings results before the market opens on Wednesday, March 19th. Analysts expect the company to announce earnings of $0.03 per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.

Lithium Americas (Argentina) Stock Up 2.3 %

Shares of Lithium Americas (Argentina) stock opened at $2.23 on Tuesday. The stock has a market capitalization of $361.11 million, a P/E ratio of 0.29 and a beta of 1.35. Lithium Americas has a 12-month low of $2.07 and a 12-month high of $5.79. The company has a 50-day simple moving average of $2.57 and a 200 day simple moving average of $2.90.

Analyst Upgrades and Downgrades

Separately, Cormark upgraded Lithium Americas (Argentina) to a “moderate buy” rating in a research note on Monday, January 20th. Three equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Lithium Americas (Argentina) presently has an average rating of “Moderate Buy” and an average price target of $7.19.

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.