Largo (TSE:LGO) Trading Down 1.7%

Largo Inc. (TSE:LGO)’s stock price traded down 1.7% on Thursday . The stock traded as low as C$2.30 and last traded at C$2.36. Approximately 25,515 shares were traded during trading, a decline of 41% from the average daily volume of 43,615 shares. The stock had previously closed at C$2.40.

Largo Stock Performance

The stock has a market capitalization of C$144.89 million, a PE ratio of -2.11, a P/E/G ratio of -0.76 and a beta of 2.10. The company has a debt-to-equity ratio of 41.04, a quick ratio of 1.52 and a current ratio of 2.13. The firm has a 50 day moving average of C$2.59 and a 200-day moving average of C$2.46.

Largo (TSE:LGO) last posted its quarterly earnings results on Thursday, August 8th. The company reported C($0.31) 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%. The company had revenue of C$39.08 million during the quarter. Research analysts forecast that Largo Inc. will post 0.013504 earnings per share for the current 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.