Largo (TSE:LGO) Trading 3.2% Higher

Largo Inc. (TSE:LGO)’s stock price was up 3.2% during mid-day trading on Wednesday . The stock traded as high as C$2.58 and last traded at C$2.55. Approximately 14,460 shares were traded during trading, a decline of 66% from the average daily volume of 42,493 shares. The stock had previously closed at C$2.47.

Largo Price Performance

The company has a fifty day simple moving average of C$2.50 and a 200 day simple moving average of C$2.55. The stock has a market capitalization of C$163.38 million, a price-to-earnings ratio of -3.92, a P/E/G ratio of -0.76 and a beta of 1.99. The company has a debt-to-equity ratio of 29.92, a quick ratio of 1.52 and a current ratio of 3.23.

Largo (TSE:LGO) last issued its quarterly earnings data on Wednesday, May 15th. The company reported C($0.27) earnings per share (EPS) for the quarter. Largo had a negative return on equity of 12.20% and a negative net margin of 15.27%. The company had revenue of C$56.87 million for the quarter. Equities research analysts forecast that Largo Inc. will post 0.013504 EPS for the current fiscal year.

About Largo

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.