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← CockpitCompetitor Analysis › LAR Lithium Argentina AGOpen in the cockpit ↗

Lithium Argentina AGLARCompetitor analysis, valuation and peers

United States · USD·Materials›Other Metals/Minerals
Momentum laggard 6
Mkt cap
$686M
US dollars, full cap
Free float
94%
of shares outstanding
$/day
$7.65M
20-day average traded
P/B
0.89×
price to book
ROE
-6.6%
delivered
Implied ROE
12.4%
what the price asks
Next earnings
4 days
10 Nov 2026
Close · USD$4.25
1D+4.4%
1W+4.2%
1M-19.2%
3M-40.1%
6M-63.6%
YTD-23.8%
1Y+13.9%
ATR %6.5%
Beta2.42
52w lowhigh64.7% off high

What Lithium Argentina does

Employees: 60

Lithium Argentina at a glance

Size Lithium Argentina (LAR) is a United States Materials company (Other Metals/Minerals) with a market value of $686M, the 2497th largest of 3,117 United States companies the cockpit tracks. Shares closed at $4.25 on 6 Nov 2026.

Performance Over six months the shares fell 63.6%, against -23.3% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 20 in its peer set.

Valuation It trades at 0.89× book value against a peer median of 2.46× (2nd cheapest of 20).

Price implies The share price implies a return on equity of about 12.4%; Lithium Argentina delivers -6.6%, so the price asks more than the business earns today.

Short interest Short interest is 4.0% of the free float (15 Oct 2026).

Next results Next results expected around 10 Nov 2026 (exchange calendar; dates can move).

Relative performance

507510011 May 202611 Aug 20266 Nov 2026Peer median 72LAR 36
Six months, rebased to 100: Lithium Argentina against the median of its 20 peers (local-currency closes).

Lithium Argentina financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue$0$0$0$0$0
Revenue growth—————
Gross profit-$448,528-$498,578-$730,173-$1.09M-$213,204
EBITDA-$36.2M-$37.6M-$29.7M-$50.9M-$19.6M
Net income-$52.3M-$76.8M-$14.5M$1.31B-$89.9M
Free cash flow-$19.3M-$30.5M-$21.7M-$65.4M-$62.8M
Capital expenditure$3,766$233,009$1.59M$8.01M$1.30M
Total debt$248M$234M$208M$199M$204M

Quarterly statements and history in the cockpit →

Lithium Argentina competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%-40%-20%0%+20%NVRIVISC300283LACSGMLMARIGROYNCXTALA603045600231002141IMFAMIDHANIIIIARUSBCLLAR6-month return →1-month return →
Up and to the right = strong over both horizons. Lithium Argentina is the large dot.

Fundamentals: return on equity against price-to-book

-50%0%00×50×100×NVRIVISC300283LACSGMLMARIGROYNCXTALA603045600231002141IMFA301613MIDHANIIIISBCL688456LARReturn on equity →Price / book →
A bank or insurer earning more on its equity usually trades at a higher multiple of book; points far above the trend are priced for more. Lithium Argentina is the large dot.

Capital: ROE delivered against the ROE the price implies

-50%0%50%-50%0%50%NVRIVISC300283LACSGMLNCXTALA603045600231002141IMFAIII688456LARROE delivered →ROE the price implies →
Above the diagonal = the price asks for a higher return on equity than the business earns today. Lithium Argentina is the large dot.

Lithium Argentina competitors and peer comparison

How Lithium Argentina compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Lithium Argentina against its 20 peers (data as of 6 Nov 2026)
MeasureLARPeer medianRank in peer set
1-month return-19.2%-15.3%8th lowest of 20
6-month return-63.6%-23.3%3rd lowest of 20
Return on equity-6.6%0.2%9th lowest of 20
Price / book0.89×2.46×2nd cheapest of 20
ROE the price implies12.4%29.5%6th least demanding of 20
ROE delivered-6.6%-5.2%9th lowest of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthROEPrice / bookImplied ROEDelivered ROE
Lithium Argentina LARUnited States$686M-64%n/a-7%0.89×12.4%-6.6%
Enviri NVRIUnited States$672M+24%-23%-81%1.05×6.5%-81.2%
Gruvaktiebolaget Viscaria VISC.STSweden$669M-1%n/a-5%1.31×8.3%-5.2%
Wenzhou Hongfeng Electrical Alloy 300283.SZChina$712M-23%+48%11%3.87×39.0%11.1%
Lithium Americas LAC.TOCanada$712M-64%n/a-9%0.49×10.7%-9.3%
Sigma Lithium SGMLUnited States$655M-73%-14%-32%7.94×47.3%-31.8%
Marimaca Copper MARI.TOCanada$652M-18%n/a-16%2.46×14.1%-16.4%
Gold Royalty GROYUnited States$723M-14%+82%0%0.99×10.6%0.2%
NorthIsle Copper and Gold NCX.VCanada$725M+3%n/a-33%7.55×85.9%-33.3%
Talamore Mining TALA.TOCanada$728M-32%n/a-61%5.37×84.0%-60.7%
Fuda New Material 603045.SSChina$645M-31%+63%33%3.21×38.8%33.5%
Lingyuan Iron & Steel 600231.SSChina$642M-31%-3%-60%1.61×13.8%-59.6%
Infund 002141.SZChina$738M+32%-3%9%5.48×37.3%8.8%
Indian Metals & Ferro Alloys IMFA.NSIndia$633M-25%+32%21%1.99×29.5%20.8%
Alnera Aluminium 301613.SZChina$749M-36%+31%7%2.07×16.0%7.1%
Mishra Dhatu Nigam MIDHANI.NSIndia$753M-8%+18%9%4.64×72.6%n/a
Imperial Metals III.TOCanada$759M-2%+5%11%1.00×8.7%11.0%
Abenojar Tungsten ABT.LUnited Kingdom$619Mn/an/an/an/an/an/a
Arafura Rare Earths ARU.AXAustralia$610M-56%n/a-8%0.92×13.0%-8.3%
Shivalik Bimetal Controls SBCL.NSIndia$609M+61%+19%22%11.94×158.4%n/a
GRIPM Advanced Materials 688456.SSChina$780M-24%+34%7%4.00×47.8%7.3%

Questions

Which companies are Lithium Argentina's closest peers?
The cockpit's peer set: Enviri (NVRI), Gruvaktiebolaget Viscaria (VISC.ST), Wenzhou Hongfeng Electrical Alloy (300283.SZ), Lithium Americas (LAC.TO), Sigma Lithium (SGML), Marimaca Copper (MARI.TO), Gold Royalty (GROY), NorthIsle Copper and Gold (NCX.V).
Is Lithium Argentina expensive compared with its peers?
On price / book it trades at 0.89× against a peer median of 2.46×, 2nd cheapest of 20 in its peer set. The share price implies a return on equity of about 12.4%; Lithium Argentina delivers -6.6%, so the price asks more than the business earns today.
How has Lithium Argentina stock performed?
Over six months to 6 Nov 2026 the shares returned -63.6% against -23.3% for the median peer; over one year +13.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.