Largo Inc. (LGO)

NASDAQ: LGO · IEX Real-Time Price · USD
1.650
+0.090 (5.77%)
At close: May 9, 2024, 4:00 PM
1.660
+0.010 (0.61%)
After-hours: May 9, 2024, 6:53 PM EDT
5.77%
Market Cap 105.68M
Revenue (ttm) 198.68M
Net Income (ttm) -32.36M
Shares Out 64.05M
EPS (ttm) -0.51
PE Ratio n/a
Forward PE 4.88
Dividend n/a
Ex-Dividend Date n/a
Volume 43,436
Open 1.660
Previous Close 1.560
Day's Range 1.550 - 1.680
52-Week Range 1.380 - 5.000
Beta 1.99
Analysts Strong Buy
Price Target 4.70 (+184.85%)
Earnings Date May 10, 2024

About LGO

Largo Inc. engages in the development and sale of vanadium-based energy storage systems in Canada. The company operates through, Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy and Largo Physical Vanadium Segments. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications. The company o... [Read more]

Sector Materials
IPO Date Jul 13, 2007
Employees 533
Stock Exchange NASDAQ
Ticker Symbol LGO
Full Company Profile

Financial Performance

In 2023, Largo's revenue was $198.68 million, a decrease of -13.33% compared to the previous year's $229.25 million. Losses were -$32.36 million, 1353.6% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for LGO stock is "Strong Buy" and the 12-month stock price forecast is $4.7.

Price Target
$4.7
(184.85% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Largo Revises First Quarter 2024 Financial Results Release Date to May 15, 2024

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Revises First Quarter 2024 Financial Results Release Date to May 15, 2024.

19 hours ago - Business Wire

Largo to Release its First Quarter 2024 Financial Results on May 10, 2024

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release its First Quarter 2024 Financial Results on May 10, 2024.

7 days ago - Business Wire

Largo Announces Cost Reduction and Productivity Improvements at its Maracás Menchen Mine; Reports Q1 2024 Production and Sales Results

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Cost Reduction and Productivity Improvements at its Maracás Menchen Mine; Reports Q1 2024 Production and Sales Results.

9 days ago - Business Wire

Largo Reports Fourth Quarter and Full Year 2023 Financial Results; Continued Focus on Operational Improvements and Cost Reduction to Offset Depressed Vanadium Prices

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Fourth Quarter and Full Year 2023 Financial Results.

7 weeks ago - Business Wire

Largo Announces a Proposed Joint Venture with Stryten Energy to Bring Innovation and Scale to North American Vanadium Flow Battery Market

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces a Proposed Joint Venture with Stryten Energy to Bring Innovation and Scale to North American Vanadium Flow Battery Market.

7 weeks ago - Business Wire

Largo to Release its Fourth Quarter and Annual 2023 Financial Results on March 21, 2024

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release its Fourth Quarter and Annual 2023 Financial Results on March 21, 2024.

7 weeks ago - Business Wire

Largo Identifies Significant Platinum-Palladium Grades from Sampling of the Non-Magnetic Tailings Ponds at its Maracás Menchen Mine; Commences Further Analysis of Platinum Group Metals as Part of its Ongoing Exploration Program

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Identifies Significant Platinum-Palladium Grades from Sampling of the Non-Magnetic Tailings Ponds at its Maracás Menchen Mine.

2 months ago - Business Wire

Largo Reports Fourth Quarter and Full Year 2023 Operational and Sales Results Highlighted by Record Quarterly High Purity V2O5 Production; Provides 2024 Guidance

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Fourth Quarter and Full Year 2023 Operational and Sales Results; Provides 2024 Guidance.

3 months ago - Business Wire

Largo Provides Update on the Ongoing Exploration Program Surrounding its Maracás Menchen Mine in Brazil

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Provides Update on the Ongoing Exploration Program Surrounding its Maracás Menchen Mine in Brazil.

5 months ago - Business Wire

Largo Reports Third Quarter 2023 Financial Results; Announces First Commercial Shipment of Ilmenite as By-Product of its Vanadium Operations in Brazil and Validation of its 6 MWh Vanadium Redox Flow Battery to Operate on Test Conditions in Spain

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Third Quarter 2023 Financial Results; Announces First Commercial Shipment of Ilmenite as By-Product of its Vanadium Operations in Brazil.

6 months ago - Business Wire

Largo to Release Third Quarter 2023 Financial Results on November 8, 2023

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release Third Quarter 2023 Financial Results on November 8, 2023.

6 months ago - Business Wire

Largo Reports Third Quarter 2023 Production and Sales Results and Begins Hot Commissioning of its 6.1 MWh Vanadium Redox Flow Battery; Production and Cost Guidance Remains Unchanged

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Third Quarter 2023 Production and Sales Results and Begins Hot Commissioning of its 6.1 MWh Vanadium Redox Flow Battery.

7 months ago - Business Wire

Largo Initiates Review of Strategic Alternatives for Largo Clean Energy to Evaluate Opportunities to Maximize Value in the Clean Energy Transition

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Initiates Review of Strategic Alternatives for Largo Clean Energy to Evaluate Opportunities to Maximize Value in the Clean Energy Transition.

9 months ago - Business Wire

Largo Reports Second Quarter 2023 Financial Results, Including Further Progress on its Cost Reduction Initiatives and Commissioning of its Ilmenite Production as a By-Product of its Vanadium Operations

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Second Quarter 2023 Financial Results, Including Further Progress on its Cost Reduction Initiatives and Commissioning of its Ilmenite.

9 months ago - Business Wire

Largo Publishes 2022 Sustainability Report

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Publishes 2022 Sustainability Report.

10 months ago - Business Wire

Largo to Release Second Quarter 2023 Financial Results on August 9, 2023

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release Second Quarter 2023 Financial Results on August 9, 2023.

10 months ago - Business Wire

Largo Reports Improvements to Production in Q2 2023 and Begins Commissioning of its Ilmenite Concentration Plant; Francesco D'Alessio Appointed as President of Largo Clean Energy

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports Improvements to Production in Q2 2023 and Begins Commissioning of its Ilmenite Concentration Plant.

10 months ago - Business Wire

Largo Reports Fatality Following Injuries Sustained at its Maracás Menchen Mine Chemical Plant

TORONTO--(BUSINESS WIRE)--Largo Inc. ("Largo" or the "Company") (TSX: LGO) (NASDAQ: LGO) is deeply saddened to report an employee fatality as a result of an accident that occurred on Thursday, July 13...

10 months ago - Business Wire

Largo Announces Results of its Annual and Special Meeting of Shareholders

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces Results of its Annual and Special Meeting of Shareholders.

11 months ago - Business Wire

Helen Cai Joins Largo's Board of Directors

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Helen Cai Joins Largo's Board of Directors.

1 year ago - Business Wire

Largo Reports First Quarter 2023 Financial Results and Provides Update to 2023 Operational and Sales Outlook

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports First Quarter 2023 Financial Results and Provides Update to 2023 Operational and Sales Outlook.

1 year ago - Business Wire

Largo Announces the Appointment of Andrea Weinberg to its Board of Directors

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Announces the Appointment of Andrea Weinberg to its Board of Directors.

1 year ago - Business Wire

Largo to Release First Quarter 2023 Financial Results on May 10, 2023

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo to Release First Quarter 2023 Financial Results on May 10, 2023.

1 year ago - Business Wire

Largo Reports First Quarter 2023 Operational and Sales Results; Installation of its 6.1 MWh Vanadium Flow Battery and Construction of its Ilmenite Plant Nears Completion

TORONTO--(BUSINESS WIRE)---- $LGO #cleanenergy--Largo Reports First Quarter 2023 Operational and Sales Results

1 year ago - Business Wire

Argus Research Initiates Equity Research Report Coverage on Largo Inc. (NasdaqGS: LGO, TSX: LGO)

NEW YORK , March 28, 2023 /PRNewswire/ -- Argus Research, an independent investment research firm, has launched Equity Research Report coverage on Largo Inc. (NasdaqGS: LGO, TSX: LGO). Click Here to v...

1 year ago - PRNewsWire