Lithium Argentina (NYSE:LAR) Given New $3.50 Price Target at National Bankshares

Lithium Argentina (NYSE:LAR) had its price target decreased by National Bankshares from $3.75 to $3.50 in a research note issued to investors on Wednesday,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

Separately, Scotiabank dropped their target price on shares of Lithium Argentina from $4.00 to $3.50 and set a “sector outperform” rating for the company in a report on Wednesday.

Lithium Argentina Price Performance

NYSE LAR opened at $2.47 on Wednesday. The firm has a market cap of $399.97 million, a PE ratio of 0.32 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 (NYSE:LAR) last announced its earnings results on Monday, March 17th. The company reported ($0.03) earnings per share for the quarter, topping the consensus estimate of ($0.04) by $0.01. As a group, equities analysts expect that Lithium Argentina will post -0.05 earnings per share for the current year.

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.