Lithium Argentina AG (NYSE: LAR) is -25.95% lower on its value in year-to-date trading and has touched a low of $1.73 and a high of $5.11 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LAR stock was last observed hovering at around $2.05 in the last trading session, with the day’s loss setting it -0.11%.
Currently trading at $1.94, the stock is -5.76% and -8.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.61 million and changing -5.37% at the moment leaves the stock -28.13% off its SMA200. LAR registered -63.47% loss for a year compared to 6-month loss of -43.27%.
The stock witnessed a -5.83% gain in the last 1 month and extending the period to 3 months gives it a -25.38%, and is -8.06% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.75% over the week and 4.68% over the month.
Fwd P/E is 8.39. Distance from 52-week low is 12.14% and -62.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.48%).
The EPS is expected to grow by 69.36% this year
The shares outstanding are 161.97M, and float is at 133.23M with Short Float at 6.69%.
