Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Largo Resources (TSE:LGO)
TSX:LGO
Largo Resources (LGO) Stock Price & Analysis
97 Followers
LGO Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.89 - C$6.25
Previous CloseC$2.45
Volume153.32K
Average Volume (3M)46.21K
Market Cap
C$156.98M
Enterprise ValueC$213.01M
Total Cash (Recent Filing)$42.71M
Total Debt (Recent Filing)$76.53M
Price to Earnings (P/E)―
Beta1.41
Next Earnings
Aug 07, 2024EPS Estimate
-C$0.14Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.89
Shares Outstanding64,072,000
10 Day Avg. Volume25,394
30 Day Avg. Volume46,208
Standard Deviation0.18
R-Squared0.27
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)0.49
Price to Sales (P/S)0.81
Price to Cash Flow (P/CF)5.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.07
Enterprise Value/Gross Profit1.07
Enterprise Value/Ebitda59.93
Forecast
1Y Price Target
C$5.78Price Target Upside128.28% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Largo Resources News
PremiumCompany Announcements
Largo Resources Appoints New CFO to Bolster Growth
PremiumCompany Announcements
Largo Resources Delays Annual General Meeting
PremiumCompany Announcements
Largo Resources Faces Q1 Challenges, Aims for Turnaround
PremiumCompany Announcements
Largo Inc. Reports Q1 2024 Financial LossPremiumCompany Announcements
Largo Resources Faces Q1 Revenue Decline
PremiumCompany Announcements
Largo Inc. Reschedules Q1 2024 Financial CallBulls Say, Bears Say
Bulls Say
Cost ReductionSeveral initiatives have been implemented to reduce production costs and further improve productivity.
Market DemandThere is an expectation for pricing tailwinds from additional demand in the energy storage market, specifically from China.
Operational EfficiencyLargo announced various strategies to improve firm-wide efficiencies and lowered expenditures at its Maracás Menchen Mine.
Bears Say
Financial PerformanceThe company recorded $42.2M in revenue but incurred a net loss of $13.0M.
Operating CostsOperating costs increased to $49.7M following a scheduled plant shutdown, exacerbating the net loss.
Production Output1Q24 production totaled 3.8M pounds of vanadium equivalent, an 18% decrease YoY.
---
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$6.25 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 Aug 07, 2024 which is in 22 days.
How were Largo Resources’s earnings last quarter?
Largo Resources released its earnings results on May 15, 2024. The company reported -C$0.273 earnings per share for the quarter, beating the consensus estimate of -C$0.3 by C$0.027.
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$0.14.
How many shares outstanding does Largo Resources have?
Largo Resources has 64,072,000 shares outstanding.
What happened to Largo Resources’s price movement after its last earnings report?
Largo Resources reported an EPS of -C$0.273 in its last earnings report, beating expectations of -C$0.3. Following the earnings report the stock price went down -3.509%.
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.
---
Largo Resources Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
C$5.78 (128.28% Upside)
C$5.78 (128.28% Upside)
Hedge Fund Trend
Decreased
By 10.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.7%
Last 30 Days ▲ 4.4%
Last 30 Days ▲ 4.4%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-61.33%
12-Months-Change
Fundamentals
Return on Equity
-16.90%
Trailing 12-Months
Asset Growth
-5.63%
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.
---
LGO Earnings Call
Q1 2024
0:00 / 0:00
---
LGO Stock 12 Month Forecast
Average Price Target
C$5.78
▲(128.28% Upside)
Technical Analysis
Largo Resources
―
Lithium Americas Corp.
―
Albemarle
―
Sociedad Quimica Y Minera SA
―
Southern Copper
―
Best Analysts Covering LGO
1 Year
1 Year Success Rate
5/22 ratings generated profit
1 Year Average Return
-26.30%
reiterated a buy rating 2 months ago
Copying Andrew Wong CFA's trades and holding each position for 1 Year would result in 22.73% of your transactions generating a profit, with an average return of -26.30% per trade.
---