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Largo Inc. Reports Decline in Q1 2025 Revenues

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Protect Your Portfolio Against Market Uncertainty

Largo Resources ( (TSE:LGO) ) has shared an update.

Largo Inc., a company involved in the vanadium industry, reported its unaudited financial results for the first quarter of 2025. The company experienced a decline in revenues, which fell to $28.2 million from $42.2 million in the same period last year. This decrease was accompanied by increased operating costs and other expenses, impacting the company’s financial performance. The report highlights the challenges faced by Largo Inc. in maintaining its market position amidst fluctuating market conditions.

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 is under pressure from declining financial performance, with negative profitability and challenging cash flow. Despite strategic efforts and supportive shareholder events, technical indicators suggest caution. The stock’s valuation points to profitability issues, highlighting the need for operational improvements to regain investor confidence.

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

More about Largo Resources

Average Trading Volume: 23,876

Technical Sentiment Signal: Strong Sell

Current Market Cap: C$139.1M

For detailed information about LGO stock, go to TipRanks’ Stock Analysis page.

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