Lithium Argentina AG (LAR) Equity Average (2018 - 2024)
Lithium Argentina AG (LAR) reported Equity Average of $822.0 million for Q2 2024, down 28.52% on a YoY basis from $1.1 billion in Q3 2023, and little changed quarter-over-quarter from $824.5 million in Q1 2024.
Lithium Argentina AG (LAR) Equity Average (2018 - 2024) Analysis & Trends
Lithium Argentina AG has reported Equity Average for 7 years, with the latest figure at $822.0 million in Q2 2024.
- For the quarter ending Q2 2024, Equity Average fell 28.52% year-over-year to $822.0 million; the trailing twelve-month figure through Jun 2024 stood at $822.0 million (down 28.52% YoY), and the FY2025 full-year result was $829.4 million, down 3.55% from the prior year.
- Equity Average for Q2 2024 stood at $822.0 million, roughly flat from $824.5 million in the prior quarter.
- The five-year high for Equity Average was $1.3 billion in Q3 2023, with the low at $122.7 million in Q3 2020.
- Historically, Equity Average has averaged $647.1 million across 5 years, with a median of $730.2 million in 2022.
- Annual changes were most pronounced in 2021 — Equity Average jumped 336.51% — and 2024, when it fell 28.52%.
- Lithium Argentina AG's Equity Average stood at $146.0 million in 2020, then jumped by 264.28% to $531.9 million in 2021, then soared by 46.34% to $778.3 million in 2022, then soared by 33.86% to $1.0 billion in 2023, then retreated by 21.1% to $822.0 million in 2024.
- The last three Equity Average figures came in at $822.0 million (Q2 2024), $824.5 million (Q1 2024), and $1.0 billion (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Elevra Lithium | 556.97 Bn | 556.92 Bn | - | 353.70 Mn |
| 2 | Bhp | 421.29 Bn | 411.77 Bn | - | - |
| 3 | Skeena Resources | 17.36 Bn | 17.34 Bn | - | 122.80 Mn |
| 4 | Ioneer | 10.78 Bn | 10.76 Bn | - | 230.26 Mn |
| 5 | MP Materials | 10.54 Bn | 7.94 Bn | 16.40 Mn | 1.97 Bn |
| 6 | Iperionx | 8.57 Bn | 8.52 Bn | - | 100.32 Mn |
| 7 | Materion | 4.58 Bn | 4.57 Bn | 81.84 Mn | 950.12 Mn |
| 8 | Sigma Lithium | 4.36 Bn | 4.36 Bn | 25.57 Mn | - |
| 9 | Americas Gold & Silver | 4.00 Bn | 3.87 Bn | 16.76 Mn | - |
| 10 | Lithium Argentina AG | 14.02 Mn | -47.08 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 822.04 Mn |
| Mar 31, 2024 | 824.53 Mn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 1.25 Bn |
| Jun 30, 2023 | 1.15 Bn |
| Mar 31, 2023 | 918.93 Mn |
| Dec 31, 2022 | 778.33 Mn |
| Sep 30, 2022 | 792.34 Mn |
| Jun 30, 2022 | 819.89 Mn |
| Mar 31, 2022 | 682.04 Mn |
| Dec 31, 2021 | 531.87 Mn |
| Sep 30, 2021 | 535.53 Mn |
| Jun 30, 2021 | 552.74 Mn |
| Mar 31, 2021 | 376.28 Mn |
| Dec 31, 2020 | 146.00 Mn |
| Sep 30, 2020 | 122.68 Mn |
| Jun 30, 2020 | 147.38 Mn |
| Mar 31, 2020 | 155.16 Mn |
| Dec 31, 2019 | 162.18 Mn |
| Sep 30, 2019 | 119.91 Mn |