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Largo Resources (LGO)
NASDAQ:LGO
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LGO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.38 - $2.84
Previous Close$2.46
Volume234.48K
Average Volume (3M)145.53K
Market Cap
$147.30M
Enterprise Value$203.13M
Total Cash (Recent Filing)$35.81M
Total Debt (Recent Filing)$84.73M
Price to Earnings (P/E)―
Beta0.82
Next Earnings
Nov 12, 2024EPS Estimate
-$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.79
Shares Outstanding64,111,000
10 Day Avg. Volume293,159
30 Day Avg. Volume145,528
Standard Deviation0.17
R-Squared0.26
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)0.73
Price to Sales (P/S)0.97
Price to Cash Flow (P/CF)-6.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.30
Enterprise Value/Gross Profit8.49
Enterprise Value/Ebitda-6.62
Forecast
1Y Price Target
$4.00Price Target Upside55.04% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Largo Resources News
PremiumCompany Announcements
Largo Inc. Announces Q3 Results and Strategic Plans
PremiumCompany Announcements
Largo Inc. Boosts Brazilian Vanadium-Titanium Operations
PremiumCompany Announcements
Largo Resources Boosts Production and Secures Key Deal
PremiumCompany Announcements
Largo Inc. Ushers in New Era with Sales Strategy Overhaul
PremiumCompany Announcements
Largo Inc. Advances Cost-Cutting Measures in BrazilBulls Say, Bears Say
Bulls Say
Production GrowthLargo's production growth was primarily driven by improved operational efficiencies and global recoveries, averaging 81.1%, up from previous quarters.
Sales GrowthIlmenite concentrate sales grew to 19,572t, representing a significant 60% year-over-year increase as production and sales continue to ramp up.
Strategic PartnershipsLargo is committed to finalizing a transaction for a joint venture with Stryten Energy LLC, which could create a notable player in the North American Vanadium Redox Flow Battery sector.
Bears Say
Financial PerformanceThe 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.
Market ConditionsThis decline in sales was driven by continued weakness in the spot market for vanadium.
Operational CostsLargo plans to undertake a second kiln maintenance program, which is expected to result in lower production and higher unit costs.
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Options Prices
Currently, No data available
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Ownership Overview
44.01% Insiders
4.06% Mutual Funds
0.04% Other Institutional Investors
51.86% Public Companies and
Individual Investors
LGO FAQ
What was Largo Resources’s price range in the past 12 months?
Largo Resources lowest stock price was $1.38 and its highest was $2.84 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 12, 2024 which is in 5 days.
How were Largo Resources’s earnings last quarter?
Largo Resources released its earnings results on Aug 08, 2024. The company reported -$0.23 earnings per share for the quarter, missing the consensus estimate of -$0.1 by -$0.13.
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 -$0.09.
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 -$0.23 in its last earnings report, missing expectations of -$0.1. Following the earnings report the stock price went down -8.718%.
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:
$4.00 (55.04% Upside)
$4.00 (55.04% 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 ▼ 1.9%
Last 30 Days ▼ 1.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
3.79%
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
$4.00
▲(55.04% Upside)
Technical Analysis
Graphite One Resources
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Best Analysts Covering LGO
1 Year
1 Year Success Rate
7/23 ratings generated profit
1 Year Average Return
-19.63%
reiterated a buy rating 3 months ago
Copying Andrew Wong CFA's trades and holding each position for 1 Year would result in 30.43% of your transactions generating a profit, with an average return of -19.63% per trade.
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