Lithium Americas (Argentina) (NYSE:LAAC) Stock Price Down 0.6% – Time to Sell?

Lithium Americas (Argentina) Corp. (NYSE:LAACGet Free Report) shares traded down 0.6% during mid-day trading on Thursday . The company traded as low as $4.69 and last traded at $4.70. 2,688,420 shares changed hands during trading, an increase of 88% from the average session volume of 1,432,022 shares. The stock had previously closed at $4.73.

Lithium Americas (Argentina) Stock Down 0.6%

The firm’s fifty day simple moving average is $4.69 and its 200-day simple moving average is $3.49. The company has a market cap of $761.08 million, a PE ratio of 0.60 and a beta of 1.35.

About Lithium Americas (Argentina)

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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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