Largo Inc. (TSX:LGO)
Canada · Delayed Price · Currency is CAD 0.9100
+0.0300 (3.41%)
Jul 21, 2026, 12:56 PM EST
Largo Earnings Call Transcripts
Fiscal Year 2024
-
Q3 saw record vanadium and ilmenite production, significant cost reductions, and a narrowed net loss despite lower vanadium prices. A new supply agreement will unlock $23.5M in liquidity, and operational improvements are expected to continue into 2025, with the U.S. market showing early signs of recovery.
-
Q2 2024 saw improved vanadium production and cost reductions, but revenue and sales volumes declined due to weak vanadium prices. Positive Adjusted EBITDA was achieved in mining, and new Chinese standards may boost future demand. Inventory financing and cost initiatives support liquidity.