Largo Inc. Reports Decline in Mid-2025 Revenues

Largo Resources ( (TSE:LGO) ) has issued an announcement.

On August 12, 2025, Largo Inc. released its unaudited condensed interim consolidated financial statements for the three and six months ended June 30, 2025. The report highlighted a decrease in revenues compared to the previous year, with $26.1 million for the three months ended June 2025, down from $28.6 million in 2024, and $54.4 million for the six months, down from $70.7 million in 2024. This financial performance indicates challenges in maintaining revenue levels, which could impact the company’s market positioning and stakeholder confidence.

The most recent analyst rating on (TSE:LGO) stock is a Buy with a C$5.00 price target. To see the full list of analyst forecasts on Largo Resources stock, see the TSE:LGO Stock Forecast page.

Spark’s Take on TSE:LGO Stock

According to Spark, TipRanks’ AI Analyst, TSE:LGO is a Neutral.

Largo Resources faces substantial financial and operational challenges, as reflected in its low financial performance score. The technical analysis also indicates bearish trends, further weighing down the stock’s prospects. While recent corporate events show positive steps toward improving liquidity and production, these are not enough to offset the significant financial and valuation concerns.

To see Spark’s full report on TSE:LGO stock, click here.

More about Largo Resources

Largo Inc. operates in the mining industry, primarily focusing on the production and sale of vanadium, a metal used in various industrial applications. The company is headquartered in Toronto, Canada, and is involved in the extraction and processing of vanadium resources.

Average Trading Volume: 38,949

Technical Sentiment Signal: Sell

Current Market Cap: C$114.8M

See more insights into LGO stock on TipRanks’ Stock Analysis page.