Largo reports Q3 EPS (57c) vs. (16c) last year

Reports Q3 revenue $33.3M vs. $29.6M last year. Daniel Tellechea, Director and Interim CEO of Largo (LGO) commented: “In Q3 2025, we continued to improve our production, increasing it to 2,636 tonnes, up from 2,256 tonnes in Q2 and 1,297 tonnes in Q1. Additionally, this has led to a reduction of our adjusted cash operating costs excluding royalties to $3.03/lb, down from $3.88/lb in Q1. With positive operational improvements on track at the Maracas Menchen Mine, we can turn our attention to our financial position. The recent $23.4 million equity raise and the principal deferral from our Brazilian lenders are two actions taken by Largo. We continue to look for ways to deliver high purity vanadium products for the US and European aerospace and defense industries, and to navigate the geopolitical landscape, inclusive of the US tariffs on our Brazilian products as well as the ongoing geopolitical developments and policy shifts impacting supplying dynamics.”