Lithium Argentina AG’s stock (LAR) continues to rise above its goal

Lithium Argentina AG [LAR] stock prices are up 2.56% to $2.8 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The LAR shares have gain 10.67% over the last week, with a monthly amount glided 38.61%, and 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.

The stock price of Lithium Argentina AG [LAR] has been fluctuating between $1.71 and $3.96 over the past year. Lithium Argentina AG [NYSE: LAR] shares were valued at $2.8 at the most recent close of the market.

Analyzing the LAR fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.01 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.26.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

It’s worth pointing out that Lithium Argentina AG [NYSE:LAR]’s Current Ratio is 0.55. Also, the Quick Ratio is 0.55, while the Cash Ratio stands at 0.31.

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