Largo Inc. (LGO)
Market Cap | 112.37M |
Revenue (ttm) | 144.82M |
Net Income (ttm) | -48.86M |
Shares Out | 64.11M |
EPS (ttm) | -0.76 |
PE Ratio | n/a |
Forward PE | 58.67 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 97,810 |
Open | 1.810 |
Previous Close | 1.830 |
Day's Range | 1.720 - 1.810 |
52-Week Range | 1.380 - 2.840 |
Beta | 2.04 |
Analysts | Strong Buy |
Price Target | 3.70 (+110.23%) |
Earnings Date | Mar 20, 2025 |
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 $3.7.
News
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Largo Appoints Co-COOs to Strengthen its Operational Leadership
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Appoints Co-COOs to Strengthen its Operational Leadership.
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Largo Reports Q4 and Full Year 2024 Operational and Sales Results; Provides 2025 Outlook and Guidance
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Q4 and Full Year 2024 Operational and Sales Results; Provides 2025 Outlook and Guidance.
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Largo and Stryten Energy Finalize Formation of Storion Energy to Strengthen U.S. Energy Resilience and Address Long Duration Energy Storage Needs
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo and Stryten Energy finalize formation of Storion Energy to strengthen U.S. energy resilience and address long duration energy storage needs.
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Storion Energy Launched to Establish a Domestic Supply of Flow Battery Components for Long-Duration Energy Storage
ALPHARETTA, Ga.--(BUSINESS WIRE)-- #EnergyToChallenge--Stryten Energy LLC, a U.S.-based energy storage solutions provider, today announced the signing of agreements by one of its affiliates, Stryten C...
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...
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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.
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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.
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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 ...
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Largo Promotes David Harris to Chief Financial Officer
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Promotes David Harris to Chief Financial Officer.
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Largo Announces Annual General Meeting Extension
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Annual General Meeting Extension.
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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...
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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.
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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.
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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.
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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.