Lithium Americas (Argentina) Corp. (NYSE:LAAC) Shares Acquired by Barclays PLC

Barclays PLC grew its stake in shares of Lithium Americas (Argentina) Corp. (NYSE:LAAC) by 30.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,438 shares of the company’s stock after purchasing an additional 21,388 shares during the period. Barclays PLC’s holdings in Lithium Americas (Argentina) were worth $301,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fairscale Capital LLC acquired a new stake in Lithium Americas (Argentina) during the 2nd quarter valued at $31,000. Legacy Capital Group California Inc. purchased a new stake in Lithium Americas (Argentina) in the 3rd quarter worth about $36,000. Vanguard Personalized Indexing Management LLC acquired a new stake in Lithium Americas (Argentina) during the 2nd quarter worth about $36,000. McCarthy Asset Management Inc. purchased a new position in Lithium Americas (Argentina) during the 3rd quarter valued at about $49,000. Finally, XTX Topco Ltd acquired a new position in shares of Lithium Americas (Argentina) in the 3rd quarter valued at about $54,000. Institutional investors and hedge funds own 49.17% of the company’s stock.

Lithium Americas (Argentina) Stock Performance

Lithium Americas (Argentina) stock opened at $3.00 on Tuesday. Lithium Americas has a twelve month low of $2.07 and a twelve month high of $5.79. The firm has a market cap of $484.98 million, a PE ratio of 0.38 and a beta of 1.35. The firm’s 50 day moving average price is $3.03 and its two-hundred day moving average price is $3.00.

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.