Largo Inc. (LGO)

NASDAQ: LGO · Real-Time Price · USD
1.760
-0.070 (-3.83%)
Feb 21, 2025, 4:00 PM EST - Market closed
-3.83%
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]

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 $3.7.

Price Target
$3.7
(110.23% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Largo Appoints Co-COOs to Strengthen its Operational Leadership

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Appoints Co-COOs to Strengthen its Operational Leadership.

3 days ago - Business Wire

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.

11 days ago - Business Wire

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.

17 days ago - Business Wire

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...

17 days ago - Business Wire

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
2 months 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.

2 months 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.

3 months 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 ...

3 months 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.

3 months 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.

4 months 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.

4 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.

4 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.

5 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.

6 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.

7 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.

7 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.

7 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.

7 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.

8 months ago - Business Wire

Largo Announces Annual General Meeting Extension

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

9 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...

10 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.

10 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.

10 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.

10 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.

10 months ago - Business Wire