Largo Resources (TSE:LGO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Largo Resources has reported its Q2 2024 results, highlighting a production increase of vanadium pentoxide to 2,689 tonnes and a sales volume of 1,841 tonnes. Despite improved production following Q1’s maintenance, sales were affected by lower production earlier in the year and a 30% drop in vanadium prices. The company is focusing on operational efficiency and increasing ilmenite production to diversify revenue.
For further insights into TSE:LGO stock, check out TipRanks’ Stock Analysis page.
