Breakdown | |||||
TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
144.82M | 198.68M | 229.25M | 198.28M | 119.99M | 107.18M | Gross Profit |
-14.02M | 23.93M | 59.53M | 65.27M | 31.60M | 12.38M | EBIT |
-46.02M | -16.28M | 16.97M | 36.97M | 18.80M | ― | EBITDA |
-29.52M | 3.82M | 37.71M | 69.45M | 35.58M | 19.69M | Net Income Common Stockholders |
-48.86M | -30.34M | -2.23M | 22.57M | 6.76M | ― |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
1.26M | 42.71M | 54.47M | 83.79M | 79.14M | 127.14M | Total Assets |
54.69M | 381.62M | 355.75M | 313.91M | 297.81M | 356.83M | Total Debt |
0.00 | 76.53M | 42.05M | 17.55M | 24.79M | 0.00 | Net Debt |
-1.26M | 33.81M | -12.42M | -66.24M | -54.36M | -127.14M | Total Liabilities |
13.76M | 125.82M | 81.20M | 48.21M | 50.64M | 85.40M | Stockholders Equity |
40.93M | 248.65M | 265.39M | 265.70M | 247.16M | 271.43M |
Cash Flow | Free Cash Flow | ||||
-31.41M | -32.51M | -42.18M | 12.38M | -77.61M | 68.05M | Operating Cash Flow |
9.26M | 21.20M | 3.46M | 39.78M | -59.51M | 106.63M | Investing Cash Flow |
-39.74M | -62.88M | -60.15M | -27.40M | -18.11M | ― | Financing Cash Flow |
22.22M | 29.13M | 26.43M | -6.90M | 30.23M | ― |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
51 Neutral | $2.02B | -1.14 | -21.37% | 3.64% | 2.88% | -30.57% | |
45 Neutral | $118.64M | ― | -23.26% | ― | -37.62% | -12.09% | |
42 Neutral | C$111.34M | 11.70 | 70.41% | ― | ― | ― | |
42 Neutral | C$120.85M | ― | -82.26% | ― | ― | 25.32% | |
41 Neutral | C$115.71M | 18.12 | 11.66% | ― | ― | -7.56% | |
34 Underperform | C$161.52M | ― | -516.26% | ― | ― | 37.82% |
Largo Inc. announced the successful results of its Annual General Meeting of Shareholders, with 71.17% of common shares voted. Shareholders approved all matters, including the election of director nominees and the appointment of KPMG LLP as auditors. The Board expressed gratitude for shareholder support, highlighting the company’s strong governance and operational focus.
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.
Largo Resources reported a decrease in V2O5 production and sales in Q1 2025 compared to the previous year, attributed to mining lower-grade ore zones and operational adjustments. Despite the short-term impacts on production, the company is focused on its operational turnaround plans, which include increasing mined material and waste movement. The company has revised its annual production and sales guidance to reflect these operational challenges, but remains committed to improving performance and maintaining its market position.
Largo Resources reported a challenging financial year in 2024, with revenues declining by 37% compared to 2023 due to lower vanadium prices and market pressures. Despite these challenges, the company successfully implemented cost reduction measures, resulting in a significant decrease in operating costs and an improvement in adjusted cash operating costs per pound sold. The company also announced an operational turnaround plan to further optimize costs and enhance productivity at its Maracás Menchen Mine. The vanadium market faced downward pressure due to reduced demand and oversupply, impacting Largo’s financial performance. However, the company remains committed to improving its operational efficiency and market positioning.