Largo (TSE:LGO) Trading Down 3.6% – What’s Next?

Largo Inc. (TSE:LGOGet Free Report)’s share price was down 3.6% on Monday . The company traded as low as C$2.43 and last traded at C$2.44. Approximately 10,658 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 27,453 shares. The stock had previously closed at C$2.53.

Largo Price Performance

The stock has a market capitalization of C$111.26 million, a PE ratio of -2.25, a price-to-earnings-growth ratio of -0.76 and a beta of 2.09. The stock’s 50 day moving average is C$2.58 and its two-hundred day moving average is C$2.68. The company has a debt-to-equity ratio of 48.45, a quick ratio of 1.52 and a current ratio of 1.67.

About Largo

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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.

Further Reading

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