Largo (TSE:LGO) Posts Quarterly Earnings Results

Largo (TSE:LGO) announced its quarterly earnings results on Wednesday. The company reported C($0.10) EPS for the quarter, FiscalAI reports. The firm had revenue of C$38.27 million for the quarter. Largo had a negative net margin of 62.34% and a negative return on equity of 46.62%.

Largo Trading Down 0.6%

Shares of Largo stock opened at C$1.54 on Thursday. The firm has a market cap of C$149.85 million, a P/E ratio of -1.52, a P/E/G ratio of -0.76 and a beta of 2.20. Largo has a 12 month low of C$1.23 and a 12 month high of C$3.71. The stock’s fifty day moving average price is C$1.75 and its 200-day moving average price is C$1.68.

Largo Company Profile

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.