Largo (LGO) Set to Announce Quarterly Earnings on Friday

Largo (NYSE:LGO) is set to post its quarterly earnings results after the market closes on Friday, May 10th.

Largo (NYSE:LGO) last released its quarterly earnings data on Thursday, March 21st. The company reported ($0.21) EPS for the quarter. The company had revenue of $44.17 million during the quarter. Largo had a negative net margin of 16.29% and a negative return on equity of 12.02%. On average, analysts expect Largo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Largo Stock Performance

Shares of LGO stock opened at $1.67 on Wednesday. Largo has a 52 week low of $1.38 and a 52 week high of $5.40. The company has a market capitalization of $106.96 million, a price-to-earnings ratio of -3.27 and a beta of 1.68. The company has a 50-day simple moving average of $1.64 and a 200 day simple moving average of $1.98. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.78 and a current ratio of 3.23.

Analyst Ratings Changes

Separately, HC Wainwright increased their target price on shares of Largo from $4.60 to $4.70 and gave the stock a “buy” rating in a research report on Wednesday, May 1st.

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.