Largo Resources (TSE:LGO) has released an update.
Largo Inc. reported a decrease in total assets from $381,621,000 as of December 31, 2023, to $337,040,000 by June 30, 2024, with total equity dropping from $255,799,000 to $206,471,000 in the same period. The company’s financial performance for the first half of 2024 shows a decline in revenues from $110,531,000 in the first six months of 2023 to $70,746,000, alongside increased operating costs and other expenses leading to a comprehensive loss.
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