Largo Inc. (LGO)

NASDAQ: LGO · IEX Real-Time Price · USD
7.43
-0.12 (-1.59%)
Aug 11, 2022 4:00 PM EDT - Market closed
-1.59%
Market Cap 481.65M
Revenue (ttm) 201.17M
Net Income (ttm) 16.47M
Shares Out 64.83M
EPS (ttm) 0.25
PE Ratio 29.72
Forward PE 10.91
Dividend n/a
Ex-Dividend Date n/a
Volume 106,398
Open 7.60
Previous Close 7.55
Day's Range 7.21 - 7.75
52-Week Range 6.29 - 14.96
Beta 1.69
Analysts Buy
Price Target 13.58 (+82.8%)
Earnings Date Aug 10, 2022

About LGO

Largo Inc. engages in the development and sale of vanadium-based utility scale electrical energy storage systems in Canada. The company operates in five segments: Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy. 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 offe... [Read more...]

Industry Other Industrial Metals & Mining
IPO Date Jul 13, 2007
CEO Mark Smith
Employees 478
Stock Exchange NASDAQ
Ticker Symbol LGO
Full Company Profile

Financial Performance

In 2021, Largo's revenue was $198.28 million, an increase of 63.03% compared to the previous year's $121.62 million. Earnings were $22.57 million, an increase of 233.84%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for LGO stock is "Buy." The 12-month stock price forecast is 13.58, which is an increase of 82.77% from the latest price.

Price Target
$13.58
(82.77% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Largo Inc. (LGO) Q2 Earnings and Revenues Beat Estimates

Largo Inc. (LGO) delivered earnings and revenue surprises of 16.67% and 21.11%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Largo Reports Solid Second Quarter 2022 Financial Results Highlighted by Net Income of $18 Million; Provides Revised ...

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) today released financial and operating results for the three and six months ended June 30, ...

Largo Clean Energy Signs Non-Binding MOU with Ansaldo Green Tech to Negotiate the Formation of a Joint Venture for th...

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--  Largo Clean Energy Signs Non-Binding MOU with Ansaldo Green Tech to Negotiate the Formation of a Joint Venture for the Manufacturing and Commercial Depl...

Largo to Release Second Quarter 2022 Financial Results on August 10, 2022

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) will release its second quarter 2022 financial results on Wednesday, August 10 after the cl...

Largo Publishes 2021 Sustainability Report

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) announces that it has published its 2021 Sustainability Report detailing the Company's appr...

Largo Reports Stronger Second Quarter 2022 Production and Sales Results with 3,291 Tonnes of V2O5 Equivalent Sold; An...

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Stronger Second Quarter 2022 Production and Sales Results with 3,291 Tonnes of V2O5 Equivalent Sold

Largo Announces Results of its Annual and Special Meeting of Shareholders

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) announces voting results from its Annual and Special Meeting of Shareholders (the “Meeting”...

Largo Announces Acceptance of its Notice to Initiate a Normal Course Issuer Bid

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Acceptance of its Notice to Initiate a Normal Course Issuer Bid

Largo Inc. (LGO) Q1 Earnings and Revenues Miss Estimates

Largo Inc. (LGO) delivered earnings and revenue surprises of -33.33% and 27.68%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Largo Reports First Quarter 2022 Financial Results and Provides Adjusted 2022 Guidance; Announces Intention to Commen...

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports First Quarter 2022 Financial Results and Provides Adjusted 2022 Guidance; Announces Intention to Commence Normal Course Issuer Bid

Earnings Preview: Largo Inc. (LGO) Q1 Earnings Expected to Decline

Largo Inc. (LGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Largo to Release First Quarter 2022 Financial Results on May 11, 2022

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release First Quarter 2022 Financial Results on May 11, 2022

Largo Provides Update on Proposed Qualifying Transaction for New Physical Vanadium Holding Company, Largo Physical Va...

TORONTO--(BUSINESS WIRE)---- $LGO #VRFB--Largo Provides Update on Proposed Qualifying Transaction for New Physical Vanadium Holding Company, Largo Physical Vanadium Corp.

Largo Reports First Quarter 2022 Operational and Sales Results; Begins Construction on its Ilmenite Concentration Plant

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports First Quarter 2022 Operational and Sales Results; Begins Construction on its Ilmenite Concentration Plant

Largo Inc. (LGO) Q4 Earnings and Revenues Miss Estimates

Largo Inc. (LGO) delivered earnings and revenue surprises of -92.86% and 1.75%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Largo Reports 2021 Net Income of $22.6 Million and Strong Financial Position; Focused on “Two-Pillar” Strategy as a L...

TORONTO--(BUSINESS WIRE)---- $LGO #VRFB--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) today released financial and operating results for the three and twelve months ended December 31, ...

Strength Seen in Largo Inc. (LGO): Can Its 7% Jump Turn into More Strength?

Largo Inc. (LGO) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in ...

Largo to Release Fourth Quarter and Annual 2021 Financial Results on March 16, 2022

TORONTO--(BUSINESS WIRE)---- $LGO #VRFB--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) will release its fourth quarter and annual 2021 financial results on Wednesday, March 16 after the...

Largo Announces Proposed Qualifying Transaction for New Physical Vanadium Holding Company, Largo Physical Vanadium Corp.

TORONTO--(BUSINESS WIRE)---- $LGO #VRFB--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is pleased to announce details surrounding Largo Physical Vanadium Corp., currently a holding comp...

Largo Appoints Energy Sector Executive Stephen Prince as President of its Clean Energy Division

TORONTO--(BUSINESS WIRE)---- $LGO #VRFB--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is pleased to announce the appointment of Mr. Stephen Prince as President of Largo Clean Energy (“...

Largo Reports Fourth Quarter and Full Year 2021 Operational Results; Sales Exceeds Lower End of Guidance Despite Rain...

TORONTO--(BUSINESS WIRE)---- $LGO #VRFB--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) today announces annual production of 10,319 tonnes (22.7 million lbs1) of vanadium pentoxide (“V2O...

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Largo Announces Filing of Technical Report for the Updated Life of Mine Plan and Pre-Feasibility Study on its Maracás...

TORONTO--(BUSINESS WIRE)---- $LGO #VRFB--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is pleased to announce it has filed its National Instrument 43-101 (“NI 43-101”) technical report ...

Largo Reports Third Quarter 2021 Financial Results with Net Income of $9.2 Million; Advances to Implement Largo's Com...

TORONTO--(BUSINESS WIRE)---- $LGO #VRFB--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) today announces its third quarter 2021 financial results highlighted by revenues of $53.9 million ...

Largo Resources Announces Name Change to Largo Inc.; Reflects Strategic Focus of Becoming a Leading Vanadium Focused ...

TORONTO--(BUSINESS WIRE)---- $LGO #VRFB--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is pleased to announce that it has completed a rebranding exercise to reflect the growth and diver...