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Largo Resources (TSE:LGO)
TSX:LGO
Holding TSE:LGO?
Track your performance easily
LGO Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.89 - C$4.15
Previous CloseC$2.28
Volume66.67K
Average Volume (3M)41.78K
Market Cap
C$146.17M
Enterprise ValueC$201.78M
Total Cash (Recent Filing)$42.71M
Total Debt (Recent Filing)$76.53M
Price to Earnings (P/E)―
Beta1.48
Next Earnings
Nov 06, 2024EPS Estimate
-C$0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.07
Shares Outstanding64,111,000
10 Day Avg. Volume36,197
30 Day Avg. Volume41,777
Standard Deviation0.18
R-Squared0.28
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)0.59
Price to Sales (P/S)0.55
Price to Cash Flow (P/CF)4.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.02
Enterprise Value/Gross Profit1.02
Enterprise Value/Ebitda56.78
Forecast
1Y Price Target
C$5.49Price Target Upside146.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Largo Resources News
PremiumCompany Announcements
Largo Inc. Ushers in New Era with Sales Strategy Overhaul
PremiumCompany Announcements
Largo Inc. Advances Cost-Cutting Measures in BrazilPremiumCompany Announcements
Largo Resources Faces Q2 Revenue Decline
PremiumCompany Announcements
Largo Inc. Financial Performance Deteriorates
PremiumCompany Announcements
Largo Inc. Prepares for Q2 2024 Financial RevealBulls Say, Bears Say
Bulls Say
Cost ManagementManagement has continued implementing several initiatives to reduce production costs and simultaneously improve productivity.
Market DemandNew national standards in China could potentially increase vanadium demand in the steel sector.
Strategic PartnershipsLargo remains committed to finalizing a transaction for a JV with Stryten Energy LLC, which could ultimately create a notable player in the North American Vanadium Redox Flow Battery sector.
Bears Say
Financial PerformanceThe company recognized revenue of $28.6M and ultimately incurred a net loss of $14.5M, or ($0.23) per share.
Operating CostsThe net loss was further exacerbated by the company’s operating costs increasing to $49.7M following a scheduled plant shutdown.
Revenue DecreaseThe firm experienced a significant decrease in its revenue per pound of vanadium, which declined about 31% YoY to $6.46/lb, as vanadium pricing and demand remained quite weak.
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LGO FAQ
What was Largo Resources’s price range in the past 12 months?
Largo Resources lowest stock price was C$1.89 and its highest was C$4.15 in the past 12 months.
What is Largo Resources’s market cap?
Currently, no data Available
When is Largo Resources’s upcoming earnings report date?
Largo Resources’s upcoming earnings report date is Nov 06, 2024 which is in 47 days.
How were Largo Resources’s earnings last quarter?
Largo Resources released its earnings results on Aug 08, 2024. The company reported -C$0.312 earnings per share for the quarter, missing the consensus estimate of -C$0.136 by -C$0.177.
Is Largo Resources overvalued?
According to Wall Street analysts Largo Resources’s price is currently Undervalued.
Does Largo Resources pay dividends?
Largo Resources does not currently pay dividends.
What is Largo Resources’s EPS estimate?
Largo Resources’s EPS estimate is -C$0.12.
How many shares outstanding does Largo Resources have?
Largo Resources has 64,111,000 shares outstanding.
What happened to Largo Resources’s price movement after its last earnings report?
Largo Resources reported an EPS of -C$0.312 in its last earnings report, missing expectations of -C$0.136. Following the earnings report the stock price went down -6.818%.
Which hedge fund is a major shareholder of Largo Resources?
Among the largest hedge funds holding Largo Resources’s share is Bridgewater Associates, LP. It holds Largo Resources’s shares valued at N/A.
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Largo Resources Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
C$5.49 (146.33% Upside)
C$5.49 (146.33% Upside)
Hedge Fund Trend
Decreased
By 10.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 4.9%
Last 30 Days ▼ 4.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-45.80%
12-Months-Change
Fundamentals
Return on Equity
-21.43%
Trailing 12-Months
Asset Growth
-14.31%
Trailing 12-Months
Company Description
Largo Resources
Largo Resources Ltd. engages in the exploration and development of vanadium and tungsten projects in Brazil and Canada. It focuses in the production of vanadium flake, purity vanadium flake and purity vanadium powder. The firm also holds interest in the maracás vanadium, currais novos tungsten tailings and campo alegre de lourdes iron-vanadium projects; and in northern dancer tungsten-molybdenum property located in the Yukon Territory. The company was founded on April 18, 1988 and is headquartered in Toronto, Canada.
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LGO Earnings Call
Q2 2024
0:00 / 0:00
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LGO Stock 12 Month Forecast
Average Price Target
C$5.49
▲(146.33% Upside)
Technical Analysis
Largo Resources
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Sociedad Quimica Y Minera SA
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Southern Copper
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Best Analysts Covering LGO
1 Year
1 Year Success Rate
6/23 ratings generated profit
1 Year Average Return
-25.78%
reiterated a buy rating last month
Copying Andrew Wong CFA's trades and holding each position for 1 Year would result in 26.09% of your transactions generating a profit, with an average return of -25.78% per trade.
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