Lithium Americas (Argentina) (NYSE:LAAC) Shares Down 4.2% – Should You Sell?

Group 1 - The company, Lithium Americas (Argentina), has a market capitalization of $842.05 million, a PE ratio of 0.67, and a beta of 1.35 [1] - The stock's 50-day simple moving average is $4.10, while the 200-day simple moving average is $3.06 [1] - The company operates as a resource company focused on exploring lithium deposits, with interests in the Cauchari-Olaroz project in Jujuy province, Argentina [2] Group 2 - During mid-day trading, Lithium Americas (Argentina) shares were down 4.2%, trading as low as $5.11 and last at $5.20 [4] - Approximately 5,469,508 shares were traded, representing an increase of 282% from the average daily volume of 1,432,022 shares [4] - The stock had previously closed at $5.43 [4]