What is Cormark’s Estimate for LAAC FY2026 Earnings?

Lithium Americas (Argentina) Corp. (NYSE:LAAC) – Equities research analysts at Cormark issued their FY2026 earnings estimates for Lithium Americas (Argentina) in a report issued on Monday, January 20th. Cormark analyst S. Gill anticipates that the company will post earnings of $0.19 per share for the year. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Lithium Americas (Argentina)’s current full-year earnings is ($0.06) per share.

Lithium Americas (Argentina) Stock Performance

Shares of NYSE:LAAC opened at $3.00 on Tuesday. Lithium Americas has a 52-week low of $2.07 and a 52-week high of $5.79. The business’s 50 day simple moving average is $3.03 and its two-hundred day simple moving average is $3.00. The firm has a market cap of $484.98 million, a P/E ratio of 0.38 and a beta of 1.35.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in LAAC. General Motors Holdings LLC purchased a new position in Lithium Americas (Argentina) during the third quarter worth about $48,907,000. Van ECK Associates Corp raised its position in shares of Lithium Americas (Argentina) by 16.3% in the third quarter. Van ECK Associates Corp now owns 3,041,365 shares of the company’s stock valued at $10,615,000 after purchasing an additional 426,419 shares during the period. M&G PLC lifted its position in shares of Lithium Americas (Argentina) by 11.2% during the third quarter. M&G PLC now owns 1,530,176 shares of the company’s stock worth $4,591,000 after acquiring an additional 154,067 shares in the last quarter. Decade Renewable Partners LP boosted its stake in Lithium Americas (Argentina) by 102.7% in the 2nd quarter. Decade Renewable Partners LP now owns 547,625 shares of the company’s stock worth $1,752,000 after purchasing an additional 277,500 shares during the period. Finally, Intact Investment Management Inc. grew its stake in Lithium Americas (Argentina) by 47.3% during the third quarter. Intact Investment Management Inc. now owns 510,200 shares of the company’s stock valued at $1,671,000 after acquiring an additional 163,800 shares in the last quarter. 49.17% of the stock is currently owned by institutional investors and hedge funds.

About Lithium Americas (Argentina)

Lithium Americas (Argentina) Corp. operates as a resource company. The company explores for lithium deposits. The company owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina. It also has a pipeline of development and exploration stage projects, including the Pastos Grandes project and the Sal de la Puna project located in Salta Province in northwestern Argentina.