Lithium Argentina (NYSE:LAR) Releases Earnings Results, Beats Estimates By $0.01 EPS

Lithium Argentina (NYSE:LAR) issued its quarterly earnings data on Monday. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.01, Zacks reports.

Lithium Argentina Stock Performance

Shares of NYSE LAR traded up $0.07 during midday trading on Monday, hitting $2.30. 797,983 shares of the company’s stock were exchanged, compared to its average volume of 991,005. The firm has a market capitalization of $372.44 million, a PE ratio of 0.30 and a beta of 1.36. Lithium Argentina has a twelve month low of $1.96 and a twelve month high of $5.79.

Lithium Argentina Company Profile

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.