Largo Inc. (LGO)
Market Cap | 108.84M |
Revenue (ttm) | 144.82M |
Net Income (ttm) | -48.86M |
Shares Out | 64.11M |
EPS (ttm) | -0.76 |
PE Ratio | n/a |
Forward PE | 57.72 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 9,102 |
Open | 1.740 |
Previous Close | 1.700 |
Day's Range | 1.730 - 1.750 |
52-Week Range | 1.380 - 2.840 |
Beta | 2.08 |
Analysts | Strong Buy |
Price Target | 4.20 (+142.56%) |
Earnings Date | Nov 12, 2024 |
About LGO
Largo Inc. engages in the development and sale of vanadium-based energy storage systems in Canada. The company operates through, Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy and Largo Physical Vanadium Segments. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications. The company o... [Read more]
Financial Performance
In 2023, Largo's revenue was $198.68 million, a decrease of -13.33% compared to the previous year's $229.25 million. Losses were -$30.34 million, 1991.2% more than in 2022.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for LGO stock is "Strong Buy" and the 12-month stock price forecast is $4.2.
News
Green Stock News for December 19, 2024: $ACHR $TM $HUT $LGO
Welcome to the Green Stock News brief for Thursday, December 19th. Here are today's top headlines: Archer Aviation (NYSE: ACHR) has received the certificate of occupancy for its manufacturing facility...
Largo and Stryten Energy to Form Storion Energy for the Manufacture of Vanadium Electrolyte and Battery Components for Long Duration Energy Storage
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo and Stryten Energy to Form Storion Energy for the Manufacture of Vanadium Electrolyte and Battery Components for Long Duration Energy Storage.
Largo Announces Filing of Technical Report for the Updated Life of Mine Plan and Pre-Feasibility Study for its Vanadium-Titanium Operation in Brazil
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Filing of Technical Report for the Updated Life of Mine Plan and Pre-Feasibility Study for its Vanadium-Titanium Operation in Brazil.
Largo Inc. (LGO) Q3 2024 Earnings Call Transcript
Largo Inc. (NASDAQ:LGO) Q3 2024 Earnings Conference Call November 14, 2024 10:00 AM ET Company Participants Alex Guthrie - Director of IR Daniel Tellechea - Interim CEO Celio Pereira - COO of Brazil ...
Largo Reduces Operating Costs by 31% in Q3 2024 Financial Results; Maintains Leading Cost Position in Global Vanadium Sector
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reduces Operating Costs by 31% in Q3 2024 Financial Results; Maintains Leading Cost Position in Global Vanadium Sector.
Largo to Release its Third Quarter 2024 Financial Results on Tuesday, November 12, 2024
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release its Third Quarter 2024 Financial Results on Tuesday, November 12, 2024.
Largo Announces Results of an Updated Life of Mine Plan and Pre-Feasibility Study for its Vanadium-Titanium Operation in Brazil: 67% Increase in Mineral Reserves, 64% Increase in Mineral Resources, 31-Year Mine Life with US$1.1 Billion NPV7% Estimate
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Results of an Updated Life of Mine Plan and Pre-Feasibility Study for its Vanadium-Titanium Operation in Brazil.
Largo Increases Quarterly V2O5 Production by 42% with 3,072 Tonnes Produced in Q3 2024; Signs Binding Term Sheet to Supply 2,100 Tonnes of V2O5 for Consideration of $23.5 Million, Leveraging Vanadium Inventories and Optimizing Sales
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Increases V2O5 Prod. by 42% with 3,072 Tonnes Produced in Q3 2024; Signs Binding Term Sheet to Supply 2,100 Tonnes of V2O5 for $23.5 Million.
Largo Appoints Francesco D'Alessio as Chief Commercial Officer to Lead Realigned Sales Strategy
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Appoints Francesco D'Alessio as Chief Commercial Officer to Lead Realigned Sales Strategy.
Largo Highlights Continued Progress in Cost Reduction Initiatives at its Vanadium Operation in Brazil
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Highlights Continued Progress in Cost Reduction Initiatives at its Vanadium Operation in Brazil.
Largo Reports Second Quarter 2024 Financial Results; Applauds China's New Mandatory Steel Rebar Standards with Vanadium Use
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Second Quarter 2024 Financial Results; Applauds China's New Mandatory Steel Rebar Standards with Vanadium Use.
Largo to Release Its Second Quarter 2024 Financial Results on August 8, 2024
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release its Second Quarter 2024 Financial Results on August 8, 2024.
Largo Announces Results of its Annual General Meeting of Shareholders
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Results of its Annual General Meeting of Shareholders.
Largo Announces Second Quarter 2024 Production and Sales Results; Focus on Improving Operational Throughput Continues
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Second Quarter 2024 Production and Sales Results; Focus on Improving Operational Throughput Continues.
Largo Promotes David Harris to Chief Financial Officer
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Promotes David Harris to Chief Financial Officer.
Largo Announces Annual General Meeting Extension
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Annual General Meeting Extension.
Largo Inc. (LGO) Q1 2024 Earnings Call Transcript
Largo Inc. (NASDAQ:LGO) Q1 2024 Earnings Conference Call May 16, 2024 10:00 PM ET Company Participants Alex Guthrie - Senior Manager, External Relations Daniel Tellechea - Interim CEO & Director Erne...
Largo Reports First Quarter 2024 Financial Results; Cost Reduction Measures and Productivity Initiatives Underway
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports First Quarter 2024 Financial Results; Cost Reduction Measures and Productivity Initiatives Underway.
Largo Revises First Quarter 2024 Financial Results Release Date to May 15, 2024
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Revises First Quarter 2024 Financial Results Release Date to May 15, 2024.
Largo to Release its First Quarter 2024 Financial Results on May 10, 2024
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release its First Quarter 2024 Financial Results on May 10, 2024.
Largo Announces Cost Reduction and Productivity Improvements at its Maracás Menchen Mine; Reports Q1 2024 Production and Sales Results
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Cost Reduction and Productivity Improvements at its Maracás Menchen Mine; Reports Q1 2024 Production and Sales Results.
Vanadium Miners News For The Month Of March 2024
Vanadium pentoxide prices and ferrovanadium prices were generally lower the past month (China vanadium pentoxide was slightly higher). Vanadium market news - China ferro-alloys sectors show muted resp...
Largo Inc. (LGO) Q4 2023 Earnings Call Transcript
Largo Inc. (LGO) Q4 2023 Earnings Call Transcript
Largo Reports Fourth Quarter and Full Year 2023 Financial Results; Continued Focus on Operational Improvements and Cost Reduction to Offset Depressed Vanadium Prices
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Fourth Quarter and Full Year 2023 Financial Results.
Largo Announces a Proposed Joint Venture with Stryten Energy to Bring Innovation and Scale to North American Vanadium Flow Battery Market
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces a Proposed Joint Venture with Stryten Energy to Bring Innovation and Scale to North American Vanadium Flow Battery Market.