Largo Resources (TSE:LGO) Sets New 12-Month Low at $1.24

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Largo Resources Ltd (TSE:LGO) shares hit a new 52-week low on Friday . The stock traded as low as C$1.24 and last traded at C$1.24, with a volume of 169755 shares trading hands. The stock had previously closed at C$1.29.

The company has a market capitalization of $701.75 million and a P/E ratio of 4.73. The company’s 50-day moving average price is C$1.41 and its two-hundred day moving average price is C$1.62. The company has a debt-to-equity ratio of 8.07, a current ratio of 1.83 and a quick ratio of 1.63.

Largo Resources (TSE:LGO) last issued its quarterly earnings data on Tuesday, August 13th. The company reported C($0.04) earnings per share for the quarter. The firm had revenue of C$29.46 million for the quarter. On average, analysts anticipate that Largo Resources Ltd will post 0.24 earnings per share for the current fiscal year.

Largo Resources Company Profile (TSE:LGO)

Largo Resources Ltd., a natural resource development and exploration company, engages in the acquisition, exploration, and development of mining and exploration properties located in Brazil and Canada. The company primarily explores for vanadium, iron, tungsten, molybdenum, chromite, palladium, and platinum group metals.

See Also: Beige Book

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