Largo (TSE:LGO) Announces Quarterly Earnings Results

Largo (TSE:LGO) posted its quarterly earnings results on Wednesday. The company reported C($0.57) EPS for the quarter, FiscalAI reports. The business had revenue of C$46.32 million for the quarter. Largo had a negative return on equity of 22.41% and a negative net margin of 33.74%.

Largo Stock Performance

Shares of TSE LGO opened at C$1.36 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 48.45. Largo has a 12 month low of C$1.33 and a 12 month high of C$3.71. The stock has a 50 day moving average of C$2.08 and a 200-day moving average of C$1.97. The company has a market capitalization of C$113.31 million, a P/E ratio of -2.36, a P/E/G ratio of -0.76 and a beta of 1.33.

About Largo

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.