Lithium Argentina AG (NYSE: LAR) Is Under Pressure Due To Weak Fundamental Momentum.

NOVA

In the latest trading session, 0.42 million Lithium Argentina AG (NYSE:LAR) shares changed hands as the company’s beta touched 1.28. With the company’s most recent per share price at $2.47 changing hands around $0.17 or 7.39% at last look, the market valuation stands at $399.95M. LAR’s current price is a discount, trading about -134.41% off its 52-week high of $5.79. The share price had its 52-week low at $1.96, which suggests the last value was 20.65% up since then. When we look at Lithium Argentina AG’s average trading volume, we note the 10-day average is 0.88 million shares, with the 3-month average coming to 1.04 million.

Lithium Argentina AG (NYSE:LAR) trade information

Instantly LAR is in green as seen in intraday trades today. With action 14.88%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -5.73%, with the 5-day performance at 14.88% in the green. However, in the 30-day time frame, Lithium Argentina AG (NYSE:LAR) is -3.89% down. Looking at the short shares, we see there were 9.73 million shares sold at short interest cover period of 9.49 days.

Lithium Argentina AG (NYSE:LAR)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 14.58% of Lithium Argentina AG shares while 23.35% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 27.34%.

Among Mutual Funds, the top two as of Jan 31, 2025 were Global X Fds-Global X MSCI Argentina ETF and Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF. With 3.46 shares estimated at $8.67 million under it, the former controlled 2.13% of total outstanding shares. On the other hand, Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF held about 0.98% of the shares, roughly 1.59 shares worth around $4.0 million.