Largo Inc. (LGO)
| Market Cap | 131.35M |
| Revenue (ttm) | 183.45M |
| Net Income (ttm) | -44.13M |
| Shares Out | 64.07M |
| EPS (ttm) | -0.69 |
| PE Ratio | n/a |
| Forward PE | 156.25 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 109,035 |
| Open | 1.940 |
| Previous Close | 1.960 |
| Day's Range | 1.930 - 2.190 |
| 52-Week Range | 1.380 - 4.760 |
| Beta | 2.08 |
| Analysts | Strong Buy |
| Price Target | 4.80 (+134.15%) |
| Earnings Date | Aug 7, 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 -$32.36 million, 1353.6% 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 $4.8.
News
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 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.
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.
Largo to Release its Fourth Quarter and Annual 2023 Financial Results on March 21, 2024
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release its Fourth Quarter and Annual 2023 Financial Results on March 21, 2024.
Largo Identifies Significant Platinum-Palladium Grades from Sampling of the Non-Magnetic Tailings Ponds at its Maracás Menchen Mine; Commences Further Analysis of Platinum Group Metals as Part of its Ongoing Exploration Program
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Identifies Significant Platinum-Palladium Grades from Sampling of the Non-Magnetic Tailings Ponds at its Maracás Menchen Mine.
Largo Reports Fourth Quarter and Full Year 2023 Operational and Sales Results Highlighted by Record Quarterly High Purity V2O5 Production; Provides 2024 Guidance
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Fourth Quarter and Full Year 2023 Operational and Sales Results; Provides 2024 Guidance.
Largo Provides Update on the Ongoing Exploration Program Surrounding its Maracás Menchen Mine in Brazil
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Provides Update on the Ongoing Exploration Program Surrounding its Maracás Menchen Mine in Brazil.
Largo Reports Third Quarter 2023 Financial Results; Announces First Commercial Shipment of Ilmenite as By-Product of its Vanadium Operations in Brazil and Validation of its 6 MWh Vanadium Redox Flow Battery to Operate on Test Conditions in Spain
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Third Quarter 2023 Financial Results; Announces First Commercial Shipment of Ilmenite as By-Product of its Vanadium Operations in Brazil.
Largo to Release Third Quarter 2023 Financial Results on November 8, 2023
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release Third Quarter 2023 Financial Results on November 8, 2023.
Largo Reports Third Quarter 2023 Production and Sales Results and Begins Hot Commissioning of its 6.1 MWh Vanadium Redox Flow Battery; Production and Cost Guidance Remains Unchanged
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Third Quarter 2023 Production and Sales Results and Begins Hot Commissioning of its 6.1 MWh Vanadium Redox Flow Battery.
Largo Initiates Review of Strategic Alternatives for Largo Clean Energy to Evaluate Opportunities to Maximize Value in the Clean Energy Transition
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Initiates Review of Strategic Alternatives for Largo Clean Energy to Evaluate Opportunities to Maximize Value in the Clean Energy Transition.
Largo Reports Second Quarter 2023 Financial Results, Including Further Progress on its Cost Reduction Initiatives and Commissioning of its Ilmenite Production as a By-Product of its Vanadium Operations
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Second Quarter 2023 Financial Results, Including Further Progress on its Cost Reduction Initiatives and Commissioning of its Ilmenite.
Largo Publishes 2022 Sustainability Report
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Publishes 2022 Sustainability Report.
Largo to Release Second Quarter 2023 Financial Results on August 9, 2023
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release Second Quarter 2023 Financial Results on August 9, 2023.
Largo Reports Improvements to Production in Q2 2023 and Begins Commissioning of its Ilmenite Concentration Plant; Francesco D'Alessio Appointed as President of Largo Clean Energy
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Improvements to Production in Q2 2023 and Begins Commissioning of its Ilmenite Concentration Plant.
Largo Reports Fatality Following Injuries Sustained at its Maracás Menchen Mine Chemical Plant
TORONTO--(BUSINESS WIRE)--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is deeply saddened to report an employee fatality as a result of an accident that occurred on Thursday, July 13...
Largo Announces Results of its Annual and Special Meeting of Shareholders
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Results of its Annual and Special Meeting of Shareholders.
Helen Cai Joins Largo's Board of Directors
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Helen Cai Joins Largo's Board of Directors.
Largo Reports First Quarter 2023 Financial Results and Provides Update to 2023 Operational and Sales Outlook
TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports First Quarter 2023 Financial Results and Provides Update to 2023 Operational and Sales Outlook.