Lithium Argentina AG
LAR · Metal Mining · EDGAR filings ↗
Grade
D45Loss-making, pre-scale lithium brine developer dependent on a Ganfeng JV with technical-grade output.
Strengths
- Adequate cash runway (~8 quarters, 81st pct) and improving net income trend off a low base
- Exposure to structurally growing lithium demand with a producing asset near nameplate
Risks
- Negative returns (ROE -9.4%, ROA -7%) and negative FCF (-$30M)
- Weak liquidity (current ratio 0.3), JV decision-making risk, and inability to yet produce battery-grade carbonate
Notable findings
- Cash burnNegative free cash flow (-30.0M)
- Weak liquidityCurrent ratio 0.30 (<1)
Quarterly revenue
Last 2 quarters · from SEC filings.
Key metrics
Return on equity
-9.4%
Return on assets
-7.0%
Revenue growth (QoQ)
225.7%
Current ratio
0.3×
Free cash flow
-$30M
Tangible book value
$817M
Cash & investments
$61M
Cash runway
8q
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-23 | 2025-12-31 | 0001193125-26-118478 ↗ |
| 20-F | 2025-03-31 | 2024-12-31 | 0000950170-25-046966 ↗ |
| 40-F | 2024-03-21 | 2023-12-31 | 0000950170-24-034767 ↗ |
| 40-F | 2023-04-03 | 2022-12-31 | 0001193125-23-088471 ↗ |
| 40-F | 2022-03-18 | 2021-12-31 | 0001193125-22-079625 ↗ |
| 40-F | 2021-03-03 | 2020-12-31 | 0001564590-21-010388 ↗ |
| 40-F | 2020-03-16 | 2019-12-31 | 0001564590-20-010927 ↗ |
| 40-F | 2019-04-02 | 2018-12-31 | 0001564590-19-010471 ↗ |
| 40-F | 2018-03-29 | 2017-12-31 | 0001564590-18-007027 ↗ |