Lithium Argentina Ag shares fall 2.62% intraday after American Salars identifies 14 new pegmatites in Brazil.

Lithium Argentina Ag dropped 2.62% in intraday trading. The company reported the results of an initial geological reconnaissance program at its Jaguaribe Project in Brazil, identifying 14 new pegmatites, which highlights the project's strong potential. However, the stock's decline may be attributed to the lack of immediate financial impact or investor skepticism regarding the long-term benefits of the discovery.