Lithium Argentina is a pure-play lithium producer with two assets in Argentina. The company was created as a result of the former Lithium Americas separation, which separated the firm's Argentina and North America businesses.
Lithium Argentina will become a low-cost lithium producer generating profitability regardless of lithium prices.
Lithium prices will fall as new supply comes online faster than demand, which will weigh on profitability. Lithium Argentina’s investment in its two projects will prove value-destructive in the wake of lower prices.
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Metric
|
LAAC
|
ALTM
|
ALB
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 8.38 | 20.89 |
Price/Book Value | 0.63 | 0.53 | 1.34 |
Price/Sales | — | 2.77 | 1.61 |
Price/Cash Flow | 0.43 | 22.47 | 13.48 |
|
Metric
|
LAAC
|
ALTM
|
ALB
|
|---|---|---|---|
Quick Ratio | 0.51 | 1.41 | 1.55 |
Current Ratio | 0.51 | 2.26 | 2.67 |
Interest Coverage | −1.17 | — | −12.22 |
|
Metric
|
LAAC
|
ALTM
|
ALB
|
|---|---|---|---|
Return on Assets (Normalized) | −1.22% | 4.76% | −0.69% |
Return on Equity (Normalized) | −1.50% | 7.45% | −1.37% |
Return on Invested Capital (Normalized) | −3.41% | 6.01% | −0.54% |
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1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
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|---|---|---|---|---|---|---|
| BHP Group Ltd
BHPLF
| Y | Kzzxtg | $154.8 Bil | |||
| BHP Group Ltd ADR
BHP
| Fcpmnzl | Lcbb | $154.8 Bil | |||
| Rio Tinto Ltd
RTNTF
| — | Qqr | $137.6 Bil | |||
| Rio Tinto PLC ADR
RIO
| Sbxcpbykb | Kyv | $113.0 Bil | |||
| Vale SA ADR
VALE
| Vdt | Btm | $48.7 Bil | |||
| Anglo American PLC ADR
NGLOY
| Nmjznttgl | Zzxwd | $38.7 Bil | |||
| Teck Resources Ltd Class B (Sub Voting)
TECK
| Kbcfrrxkv | Thgr | $27.0 Bil | |||
| Lithium Americas Corp
LAC
| Zllnwxqhk | Fksq | $587.2 Mil | |||
| Compass Minerals International Inc
CMP
| Fgfwlqhxw | Jtgsqcc | $498.5 Mil |
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United States