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 a 42% increase in V2O5 production for Q3 2024, producing 3,072 tonnes and marking the highest quarterly production in seven quarters. The company has also secured a vanadium supply agreement worth $23.5 million, indicating a strategic optimization of its sales and inventory. Despite a decrease in vanadium prices in Europe, Largo’s production and sales strategies remain robust.
For further insights into TSE:LGO stock, check out TipRanks’ Stock Analysis page.
