Key Points
- Insider sale: Diogo De Araujo Silva sold 78,574 Largo shares on May 25 at an average price of C$1.39, totaling about C$109,218.
- Stock performance: Largo opened at C$1.33, near its 12-month low of C$1.23 and well below its 12-month high of C$3.71. The company also has a high debt-to-equity ratio of 73.31 and a negative earnings profile.
- Recent results: Largo reported a quarterly loss of C($0.10) per share on revenue of C$38.27 million, with negative net margin and return on equity. Analysts expect the company to post positive EPS of about 0.135 for the current year.
Largo Inc. (TSE:LGO - Get Free Report) insider Luander Rodrigues Peixoto sold 74,331 shares of the firm's stock in a transaction that occurred on Monday, May 25th. The shares were sold at an average price of C$1.35, for a total transaction of C$100,346.85.
Largo Stock Down 1.5%
Shares of TSE LGO opened at C$1.33 on Wednesday. The company has a 50 day simple moving average of C$1.61 and a 200 day simple moving average of C$1.67. The firm has a market cap of C$134.78 million, a PE ratio of -1.41, a price-to-earnings-growth ratio of -0.76 and a beta of 2.20. Largo Inc. has a 1 year low of C$1.23 and a 1 year high of C$3.71. The company has a debt-to-equity ratio of 73.31, a current ratio of 0.55 and a quick ratio of 1.52.
Largo (TSE:LGO - Get Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The company reported C($0.10) earnings per share (EPS) for the quarter. The business had revenue of C$38.27 million during the quarter. Largo had a negative net margin of 60.42% and a negative return on equity of 45.97%. On average, research analysts forecast that Largo Inc. will post 0.1349206 EPS for the current year.
About Largo
(
Get Free Report)
Largo Inc is committed to the production and supply of high-quality vanadium products. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, primarily in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder.
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