Largo Inc. (NYSE:LGO - Free Report) - Analysts at HC Wainwright issued their FY2026 EPS estimates for Largo in a research note issued to investors on Friday, May 16th. HC Wainwright analyst H. Ihle anticipates that the company will earn ($0.12) per share for the year. HC Wainwright currently has a "Buy" rating and a $3.70 target price on the stock. The consensus estimate for Largo's current full-year earnings is ($0.61) per share.
Largo Stock Up 4.7%
Shares of LGO traded up $0.06 during midday trading on Monday, reaching $1.34. 97,893 shares of the company were exchanged, compared to its average volume of 125,931. Largo has a 1-year low of $1.12 and a 1-year high of $2.84. The stock has a 50-day moving average price of $1.53 and a 200-day moving average price of $1.76. The company has a current ratio of 1.67, a quick ratio of 0.81 and a debt-to-equity ratio of 0.34. The company has a market cap of $85.91 million, a price-to-earnings ratio of -1.68 and a beta of 1.62.
Hedge Funds Weigh In On Largo
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Virtu Financial LLC acquired a new stake in Largo in the fourth quarter valued at approximately $39,000. Millennium Management LLC purchased a new position in shares of Largo in the fourth quarter valued at $74,000. Baader Bank Aktiengesellschaft acquired a new stake in Largo during the 1st quarter valued at $77,000. Russell Investments Group Ltd. increased its stake in Largo by 75.9% during the 1st quarter. Russell Investments Group Ltd. now owns 288,860 shares of the company's stock worth $466,000 after buying an additional 124,604 shares during the period. Finally, Sprott Inc. increased its stake in Largo by 156.8% during the 4th quarter. Sprott Inc. now owns 1,016,809 shares of the company's stock worth $1,749,000 after buying an additional 620,909 shares during the period. 64.08% of the stock is owned by institutional investors and hedge funds.
About Largo
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Largo Inc engages in the development and sale of vanadium-based energy storage systems in Canada. The company operates through, Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy and Largo Physical Vanadium Segments. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications.
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