LAR PRESS-RELEASE SEC Filing Analysis

Latest settled — T+5d ⚠ clustered

LAR ▼ -17.78% at T+5d

LONG call ✗ call lost -17.78% · α vs SPY -17.85% · entry $11.42 → $9.39

Next anchor: T+20d due 5d ago

Last close $9.64 (close Jun 12) · -15.59% from $11.42 entry

Entry anchored
May 11, 03:59 PM ET
via Databento tick

T+1d

-5.34%

call -5.34% · α -5.92%

$10.81

settled 5w ago

T+5d

-17.78%

call -17.78% · α -17.85%

$9.39

settled 27d ago

T+20d

—

call — · α —

—

due 5d ago

T+60d

—

call — · α —

—

in 7w

Price Chart

Loading chart...

Executive Summary

Lithium Argentina reported Q1 2026 net income of $7.5M (EPS $0.05), swinging from a $7.2M loss in Q1 2025, driven by a $22.1M share of income from Cauchari-Olaroz. The operation produced 9,660 tonnes at cash costs of $5,391/t, with adjusted EBITDA surging to $105.8M (100% Exar basis). The company also secured a $130M debt facility from Ganfeng and is advancing a Stage 2 expansion, positioning it for growth without shareholder dilution.

Actionable Insight

The EPS miss vs consensus is overshadowed by the massive operational turnaround at Cauchari-Olaroz, with production at capacity and costs falling sharply. Watch for RIGI approval in Q2 2026 and the Stage 2 scoping study by mid-2026, which could unlock significant growth. The $130M debt facility and $97M cash position provide ample liquidity. The ASX listing plan may broaden the investor base.

Key Facts

Q1 2026 net income of $7.5M vs net loss of $7.2M in Q1 2025
EPS of $0.05 vs consensus estimate of $0.13 (miss of -98.4%)
Cauchari-Olaroz produced 9,660 tonnes at 97% of design capacity
Cash operating costs of $5,391/tonne, down from $6,634/tonne in Q1 2025
Adjusted EBITDA (100% Exar basis) of $105.8M, up from $8.9M in Q1 2025
Revenue of $168M at average realized price of ~$16,818/tonne
Cash and equivalents of $97.4M, up from $61.1M at year-end 2025
Completed $130M debt facility from Ganfeng with 6-year term at SOFR+2.5%
Stage 2 expansion targeting +45,000 tpa LCE; RIGI approval expected Q2 2026
PPG project advancing with 150,000 tpa LCE target across three phases

Financial Impact

Net income swing of +$14.7M YoY; adjusted EBITDA of $105.8M vs $8.9M; $130M debt facility secured

net incomeepsadjusted ebitdacash positionproduction costs

Risk Factors

EPS miss of -98.4% vs consensus may pressure the stock in the near term
Dependence on lithium carbonate prices, which remain volatile
Stage 2 expansion and PPG project subject to permitting, financing, and execution risks
Argentina political and economic risks, including currency controls and inflation
Derivative fair value fluctuations from Exar's USD-denominated loans in Argentine pesos

Market Snapshot

Exchange

NYSE

Sector

Metal Mining

Analyst Consensus

83% bullish (12 analysts)

Documents Analyzed

This report is based on 1 press release from GlobeNewswire.

Document	Accession Number
PRESS-RELEASE Data (Synthetic)	press-3292630

5 reports for LAR

T+1T+5T+20T+60

33% Hit rate 1 of 3 directional calls best @ T+20▲ +40.51%Mar 23, 2026

Filters

Reports for LAR — sortable, filterable
	Type				Now
May 14, 2026 4w ago	6-K NEUTRAL ★ 3/10	$10.19 $9.54	▼ −6.38%	▼ −5.66%	$9.64 (−5.40%)
May 12, 2026 4w ago	6-K BULLISH ★ 8/10	$11.42 $9.39	▼ −17.78%	▼ −17.85%	$9.64 (−15.59%)
May 12, 2026 4w ago	Press Release BULLISH ★ 7/10	$11.42 $9.39	▼ −17.78%	▼ −17.85%	$9.64 (−15.59%)
Apr 24, 2026 7w ago	Press Release BEARISH ★ 4/10	$9.31 $10.17	▼ −9.24%	▼ −8.33%	$9.64 (−3.54%)
Mar 23, 2026 11w ago	Press Release BULLISH ★ 8/10	$6.27 $6.63	▲ +5.74%	▲ +9.31%	$9.64 (+53.75%)

US Market Status

Market Closed — Opens in 4h 45m

Related Tickers

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access