Lithium Argentina AG (LAR)

• Market cap: $325M
• 1 day: -0.50%
• 5 days: 3.08%
• 1 month: -4.29%
• 3 months: -7.80%
• 6 months: -34.74%
• Year to date: -27.70%
• 1 year: -49.62%
• 5 years: -67.58%
• 10 years: -67.58%
• Sector: Materials
• Industry: Other Industrial Metals & Mining

About: Lithium Argentina is a pure-play lithium producer. The company owns two neighboring lithium brine resources in northwest Argentina: Cauchari-Olaroz and Pastos Grandes. Cauchari-Olaroz entered production in 2023, while Pastos Grandes is still in development. Lithium Argentina plans for both resources to be fully integrated with onside downstream processing capabilities and will sell into the lithium chemical market.

Employees: 71

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

3.59% less ownership

Funds ownership: 19.56% [Q4 2024] → 15.98% (-3.59%) [Q1 2025]

18% less funds holding

Funds holding: 182 [Q4 2024] → 150 (-32) [Q1 2025]

34% less capital invested

Capital invested by funds: $83.7M [Q4 2024] → $55.1M (-$28.6M) [Q1 2025]

46% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 48

56% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 50

62% less call options, than puts

Call options by funds: $141K | Put options by funds: $375K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $3 49% upside
• Avg. target: $3 49% upside
• High target: $3 49% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Scotiabank Ben Isaacson

49% upside $3

Sector Outperform Maintained

20 May 2025