At the time of writing, Lithium Argentina AG [LAR] stock is trading at $2.55, down -3.41%. An important factor to consider is whether the stock is rising or falling in short-term value. The LAR shares have gain 6.69% over the last week, with a monthly amount drifted -15.00%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Lithium Argentina AG [NYSE: LAR] stock has seen the most recent analyst activity on August 14, 2024, when HSBC Securities upgraded its rating to a Buy. Previously, Scotiabank upgraded its rating to Sector Outperform on March 22, 2024, and kept the price target unchanged to $8. On January 11, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $6.50 on the stock. Canaccord Genuity upgraded its rating to a Buy. Deutsche Bank initiated its recommendation with a Buy and recommended $11 as its price target on October 18, 2023. Stifel started tracking with a Buy rating for this stock on October 05, 2023, and assigned it a price target of $18.50. In a note dated October 05, 2023, Scotiabank initiated an Sector Perform rating and provided a target price of $10 on this stock.
For the past year, the stock price of Lithium Argentina AG fluctuated between $2.07 and $5.79. Lithium Argentina AG [NYSE: LAR] shares were valued at $2.55 at the most recent close of the market.
Analyzing the LAR fundamentals
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.52 points at the first support level, and at 2.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.59, and for the 2nd resistance point, it is at 2.64.
Ratios To Look Out For
It is important to note that Lithium Argentina AG [NYSE:LAR] has a current ratio of 4.72. On the other hand, the Quick Ratio is 4.72.
