Argentina Lithium Energy Stock Today
| LIT Stock | CAD 0.25 0.01 3.85% |
Performance0 of 100
| Odds Of DistressLess than 24
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Argentina Lithium is selling for under 0.25 as of the 25th of April 2024; that is -3.85 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.25. Argentina Lithium has about a 24 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Argentina Lithium Energy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of January 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Argentina Lithium Energy Corp., a junior mineral exploration company, engages in the acquisition, exploration, and evaluation of natural resource properties in the Americas and Argentina. Argentina Lithium Energy Corp. was incorporated in 2000 and is headquartered in Vancouver, Canada. The company has 131.16 M outstanding shares of which 75.47 K shares are now shorted by private and institutional investors with about 1.29 days to cover all short positions. More on Argentina Lithium Energy
Moving together with Argentina Stock
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Moving against Argentina Stock
| 0.73 | IVN | Ivanhoe Mines Earnings Call This Week | PairCorr |
| 0.47 | TXT-UN | Top 10 Split | PairCorr |
Follow Valuation Profit Patterns Odds of Bankruptcy
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Argentina Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Argentina Lithium's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Argentina Lithium or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Nikolaos Cacos | ||||
| Business Concentration | Diversified Metals & Mining, Other Industrial Metals & Mining, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors) | ||||
Argentina Lithium's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Argentina Lithium's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Argentina Lithium's financial leverage. It provides some insight into what part of Argentina Lithium's total assets is financed by creditors.
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Argentina Lithium Energy (LIT) is traded on TSX Venture Exchange in Canada and employs 11 people. Argentina Lithium is listed under Diversified Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 32.13 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Argentina Lithium's market, we take the total number of its shares issued and multiply it by Argentina Lithium's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Argentina Lithium Energy classifies itself under Metals & Mining sector and is part of Materials industry. The entity has 131.16 M outstanding shares of which 75.47 K shares are now shorted by private and institutional investors with about 1.29 days to cover all short positions.
Argentina Lithium Energy has accumulated about 27.11 K in cash with (5.74 M) of positive cash flow from operations.
Check Argentina Lithium Probability Of Bankruptcy
Ownership AllocationArgentina Lithium Energy retains a total of 131.16 Million outstanding shares. Argentina Lithium Energy retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Argentina Ownership Details
Argentina Stock Price Odds Analysis
Depending on a normal probability distribution, the odds of Argentina Lithium jumping above the current price in 90 days from now is more than 93.0%. The Argentina Lithium Energy probability density function shows the probability of Argentina Lithium stock to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Argentina Lithium has a beta of 0.8621. This indicates Argentina Lithium Energy market returns are correlated to returns on the market. As the market goes up or down, Argentina Lithium is expected to follow. Additionally, argentina Lithium Energy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Argentina Lithium to move above the current price in 90 days from now is more than 93.0 (This Argentina Lithium Energy probability density function shows the probability of Argentina Stock to fall within a particular range of prices over 90 days) .
Argentina Lithium Energy Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Argentina Lithium market risk premium is the additional return an investor will receive from holding Argentina Lithium long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Argentina Lithium. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Argentina Lithium's alpha and beta are two of the key measurements used to evaluate Argentina Lithium's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.52 | |||
| Standard Deviation | 3.58 | |||
| Variance | 12.8 | |||
| Risk Adjusted Performance | (0.03) |
Argentina Stock Against Markets
Picking the right benchmark for Argentina Lithium stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Argentina Lithium stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Argentina Lithium is critical whether you are bullish or bearish towards Argentina Lithium Energy at a given time. Please also check how Argentina Lithium's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in Argentina Lithium without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Argentina Lithium Corporate Directors
Argentina Lithium corporate directors refer to members of an Argentina Lithium board of directors. The board of directors generally takes responsibility for the Argentina Lithium's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Argentina Lithium's board members must vote for the resolution. The Argentina Lithium board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Nick DeMare | Director | Profile | |
| Nicolas Galli | Director | Profile | |
| Joseph Grosso | Director | Profile | |
| David Terry | Director | Profile |
How to buy Argentina Stock?
Before investing in Argentina Lithium, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Argentina Lithium. To buy Argentina Lithium stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Argentina Lithium. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Argentina Lithium stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Argentina Lithium Energy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Argentina Lithium Energy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Argentina Lithium Energy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Argentina Lithium Energy?
The danger of trading Argentina Lithium Energy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Argentina Lithium is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Argentina Lithium. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Argentina Lithium Energy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Argentina Lithium Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
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When running Argentina Lithium's price analysis, check to measure Argentina Lithium's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Argentina Lithium is operating at the current time. Most of Argentina Lithium's value examination focuses on studying past and present price action to predict the probability of Argentina Lithium's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Argentina Lithium's price. Additionally, you may evaluate how the addition of Argentina Lithium to your portfolios can decrease your overall portfolio volatility.
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