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Lithium Americas (Argentina) Corp. (NYSE:LAAC – Get Free Report) shot up 1.7% during trading on Thursday . The company traded as high as $4.38 and last traded at $4.28. 2,625,211 shares changed hands during trading, an increase of 83% from the average session volume of 1,432,022 shares. The stock had previously closed at $4.21.
Lithium Americas (Argentina) Price Performance
The company has a market cap of $693.07 million, a price-to-earnings ratio of 0.55 and a beta of 1.35. The stock has a 50-day moving average price of $3.77 and a 200 day moving average price of $2.81.
Lithium Americas (Argentina) Company Profile
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.
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