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Largo Resources (TSE:LGO)
TSX:LGO
Holding TSE:LGO?
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LGO Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.89 - C$3.92
Previous CloseC$2.44
Volume33.77K
Average Volume (3M)37.19K
Market Cap
C$156.43M
Enterprise ValueC$256.45M
Total Cash (Recent Filing)$30.45M
Total Debt (Recent Filing)$93.70M
Price to Earnings (P/E)―
Beta1.75
Next Earnings
Mar 21, 2025EPS Estimate
-C$0.1Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.04
Shares Outstanding64,111,000
10 Day Avg. Volume26,893
30 Day Avg. Volume37,190
Standard Deviation0.18
R-Squared0.27
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)0.81
Price to Sales (P/S)0.81
Price to Cash Flow (P/CF)-5.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.80
Enterprise Value/Gross Profit10.72
Enterprise Value/Ebitda-3.73
Forecast
1Y Price Target
C$5.55Price Target Upside127.53% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
Largo Resources News
PremiumCompany Announcements
Largo and Stryten Join Forces for Energy Storage
PremiumCompany Announcements
Largo Inc. Extends Mine Life and Boosts Resources
PremiumCompany Announcements
Largo Inc. Advances Maracás Menchen Project Plans
PremiumCompany Announcements
Largo Resources Reports Cost Cuts and Production Growth
PremiumCompany Announcements
Largo Resources Cuts Costs and Boosts Production
PremiumCompany Announcements
Largo Resources Faces Financial Decline in 2024Bulls Say, Bears Say
Bulls Say
Economic Growth And ReservesThe updated economic scenario from the technical report shows a substantial increase in mineral reserves and resources, with proven and probable reserves now totaling 101.0Mt, a 67% increase.
Joint Venture And Market PositionThe formation of a joint venture with Stryten Energy is expected to enhance Largo's position in the U.S. domestic vanadium production and supply chain.
Sales And Revenue GrowthIlmenite concentrate sales grew to 19,572t during the quarter, representing a 60% YoY increase as production and sales continue to ramp up.
Bears Say
Market ConditionsDespite significant strides in production, this decline in sales was driven by continued weakness in the spot market for vanadium.
Operational CostsLargo plans to undertake a second kiln maintenance program in 4Q24, which is expected to result in lower production and higher unit costs.
Revenue DeclineThe 32% YoY revenue decrease can be attributed to a significant decline in Largo's revenue per pound (lbs) of V to $6.46/lb (-25% YoY) since vanadium pricing remains quite weak.
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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$3.92 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 Mar 21, 2025 which is in 89 days.
How were Largo Resources’s earnings last quarter?
Largo Resources released its earnings results on Nov 12, 2024. The company reported -C$0.229 earnings per share for the quarter, missing the consensus estimate of -C$0.129 by -C$0.1.
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$0.1.
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 -C$0.229 in its last earnings report, missing expectations of -C$0.129. Following the earnings report the stock price went down -1.038%.
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:
C$5.55 (127.53% Upside)
C$5.55 (127.53% Upside)
Hedge Fund Trend
Decreased
By 10.3K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 3.9%
Last 30 Days ▲ 3.9%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-13.26%
12-Months-Change
Fundamentals
Return on Equity
-21.82%
Trailing 12-Months
Asset Growth
-7.67%
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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call presented a mixed view with significant achievements in production and cost management but faced challenges due to lower vanadium prices and market demand. While operational efficiencies and strategic initiatives show promise for future growth, current financial performance is still under pressure from external market factors.Read More>---
LGO Stock 12 Month Forecast
Average Price Target
C$5.55
▲(127.53% Upside)
Technical Analysis
Largo Resources
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Ardea Resources Ltd.
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Sociedad Quimica Y Minera SA
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Southern Copper
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Best Analysts Covering LGO
1 Year
1 Year Success Rate
6/24 ratings generated profit
1 Year Average Return
-24.78%
reiterated a buy rating last month
Copying Andrew Wong CFA's trades and holding each position for 1 Year would result in 25.00% of your transactions generating a profit, with an average return of -24.78% per trade.
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