Largo (TSE:LGO) Stock Price Down 1.6% – Should You Sell?

Largo Inc. (TSE:LGO) shares fell 1.6% during trading on Wednesday . The company traded as low as C$2.43 and last traded at C$2.47. 15,591 shares were traded during mid-day trading, a decline of 8% from the average session volume of 16,878 shares. The stock had previously closed at C$2.51.

Largo Stock Down 1.6 %

The firm has a 50-day moving average of C$2.66 and a two-hundred day moving average of C$2.67. The company has a quick ratio of 1.52, a current ratio of 2.13 and a debt-to-equity ratio of 41.04. The company has a market capitalization of C$158.35 million, a PE ratio of -2.31, a price-to-earnings-growth ratio of -0.76 and a beta of 2.09.

Largo (TSE:LGO) last issued its quarterly earnings data on Tuesday, November 12th. The company reported C($0.22) earnings per share (EPS) for the quarter. Largo had a negative return on equity of 21.59% and a negative net margin of 31.84%. During the same period last year, the company earned ($0.25) EPS. Equities research analysts predict that Largo Inc. will post 0.1349206 earnings per share for the current fiscal year.

Largo Company Profile

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.