Largo (TSE:LGO) Insider Sells C$100,346.85 in Stock

Largo Inc. (TSE:LGO) insider Luander Rodrigues Peixoto sold 74,331 shares of the company’s stock in a transaction that occurred on Monday, May 25th. The shares were sold at an average price of C$1.35, for a total value of C$100,346.85.

Largo Stock Performance

Shares of Largo stock opened at C$1.31 on Friday. The stock’s fifty day moving average is C$1.60 and its two-hundred day moving average is C$1.66. The company has a market capitalization of C$132.75 million, a PE ratio of -1.39, a price-to-earnings-growth ratio of -0.76 and a beta of 2.20. The company has a quick ratio of 1.52, a current ratio of 0.55 and a debt-to-equity ratio of 73.31. Largo Inc. has a 52 week low of C$1.23 and a 52 week high of C$3.71.

Largo (TSE:LGO) last released its earnings results on Wednesday, May 13th. The company reported C($0.10) earnings per share for the quarter. The business had revenue of C$38.27 million for the quarter. Largo had a negative return on equity of 45.97% and a negative net margin of 60.42%. As a group, analysts expect that Largo Inc. will post 0.1349206 earnings per share for the current year.

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.