Largo Inc. (LGO)

NASDAQ: LGO · Real-Time Price · USD
1.732
+0.032 (1.85%)
Dec 23, 2024, 9:58 AM EST - Market open
1.85%
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]

Sector Materials
IPO Date Jul 13, 2007
Employees 533
Stock Exchange NASDAQ
Ticker Symbol LGO
Full Company Profile

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 Statements

Analyst Forecast

According to one analyst, the rating for LGO stock is "Strong Buy" and the 12-month stock price forecast is $4.2.

Price Target
$4.2
(142.56% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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...

Other symbols: ACHRHUTTM
3 days ago - Green Stock News

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.

4 days ago - Business Wire

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.

27 days ago - Business Wire

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 ...

5 weeks ago - Seeking Alpha

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.

5 weeks ago - Business Wire

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.

7 weeks ago - Business Wire

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.

2 months ago - Business Wire

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.

2 months ago - Business Wire

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.

3 months ago - Business Wire

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.

4 months ago - Business Wire

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.

4 months ago - Business Wire

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.

5 months ago - Business Wire

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.

5 months ago - Business Wire

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.

5 months ago - Business Wire

Largo Promotes David Harris to Chief Financial Officer

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Promotes David Harris to Chief Financial Officer.

6 months ago - Business Wire

Largo Announces Annual General Meeting Extension

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Annual General Meeting Extension.

7 months ago - Business Wire

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...

7 months ago - Seeking Alpha

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.

7 months ago - Business Wire

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.

8 months ago - Business Wire

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.

8 months ago - Business Wire

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.

8 months ago - Business Wire

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...

Other symbols: UUUU
9 months ago - Seeking Alpha

Largo Inc. (LGO) Q4 2023 Earnings Call Transcript

Largo Inc. (LGO) Q4 2023 Earnings Call Transcript

9 months ago - Seeking Alpha

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.

9 months ago - Business Wire

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.

9 months ago - Business Wire