What is HC Wainwright’s Forecast for Largo FY2024 Earnings?

Largo Inc. (TSE:LGO) – Equities research analysts at HC Wainwright dropped their FY2024 earnings estimates for Largo in a research report issued on Wednesday, February 12th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.87) for the year, down from their previous estimate of ($0.79). The consensus estimate for Largo’s current full-year earnings is $0.13 per share. HC Wainwright also issued estimates for Largo’s FY2024 earnings at ($0.87) EPS and FY2025 earnings at $0.01 EPS.

Largo Price Performance

Largo stock opened at C$2.55 on Monday. Largo has a 12-month low of C$1.89 and a 12-month high of C$3.92. The stock has a market cap of C$116.28 million, a P/E ratio of -2.35, a PEG ratio of -0.76 and a beta of 2.09. The company has a 50-day moving average price of C$2.60 and a 200 day moving average price of C$2.68. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 48.45.

Largo Company Profile

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.