Largo Resources Ltd (CVE:LGO) Director Paulo Misk acquired 168,000 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The stock was acquired at an average price of C$0.86 per share, for a total transaction of C$143,757.60. Following the purchase, the director now directly owns 555,736 shares of the company’s stock, valued at C$475,543.30.
Largo Resources Ltd has a twelve month low of C$0.11 and a twelve month high of C$0.81.
A number of research firms have recently weighed in on LGO. Royal Bank of Canada cut their price objective on shares of Largo Resources from C$1.90 to C$1.80 and set an “outperform” rating on the stock in a research note on Thursday, May 28th. Eight Capital set a C$1.40 price objective on shares of Largo Resources in a research note on Tuesday, April 14th. Finally, HC Wainwright lowered their price target on shares of Largo Resources from C$2.20 to C$1.50 in a report on Monday, March 23rd.
Largo Resources Ltd. is a natural resource development and exploration company. The Company is engaged in the acquisition, exploration, development and operation of mining and exploration properties located in Brazil and Canada. The Company operates through two segments: mine properties, and exploration and evaluation properties.
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