HC Wainwright Analysts Increase Earnings Estimates for Largo

Largo Inc. (TSE:LGO) – Research analysts at HC Wainwright lifted their FY2026 earnings per share estimates for Largo in a research note issued on Tuesday, July 7th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of ($0.24) for the year, up from their previous estimate of ($0.32). The consensus estimate for Largo’s current full-year earnings is $0.13 per share.

Largo (TSE:LGO) last posted its quarterly earnings data on Wednesday, May 13th. The company reported C($0.10) EPS for the quarter. The business had revenue of C$38.27 million during the quarter. Largo had a negative net margin of 60.42% and a negative return on equity of 45.97%.

Largo Trading Up 7.5%

Shares of TSE:LGO opened at C$1.00 on Thursday. The business’s 50 day moving average price is C$1.24 and its 200-day moving average price is C$1.60. Largo has a 1 year low of C$0.88 and a 1 year high of C$3.71. The firm has a market capitalization of C$101.34 million, a price-to-earnings ratio of -1.06, a price-to-earnings-growth ratio of -0.76 and a beta of 2.15. The company has a debt-to-equity ratio of 73.31, a current ratio of 0.55 and a quick ratio of 1.52.

Insider Buying and Selling at Largo

In other Largo news, insider Diogo De Araujo Silva sold 78,574 shares of the company’s stock in a transaction on Monday, May 25th. The shares were sold at an average price of C$1.39, for a total transaction of C$109,217.86. Also, insider Luander Rodrigues Peixoto sold 74,331 shares of the stock in a transaction on Monday, May 25th. The shares were sold at an average price of C$1.35, for a total transaction of C$100,346.85. 0.19% of the stock is currently owned by insiders.

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.