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Largo (TSE:LGO) Trading Down 3.2% - Here's What Happened

Largo logo with Basic Materials background

Largo Inc. (TSE:LGO - Get Free Report)'s share price dropped 3.2% during trading on Monday . The stock traded as low as C$1.76 and last traded at C$1.79. Approximately 71,151 shares were traded during trading, an increase of 155% from the average daily volume of 27,850 shares. The stock had previously closed at C$1.85.

Largo Trading Down 0.6%

The company has a fifty day simple moving average of C$1.98 and a two-hundred day simple moving average of C$2.39. The company has a market capitalization of C$81.17 million, a P/E ratio of -1.64, a price-to-earnings-growth ratio of -0.76 and a beta of 2.09. The company has a debt-to-equity ratio of 48.45, a current ratio of 1.67 and a quick ratio of 1.52.

About Largo

(Get Free Report)

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.

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