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Largo (TSE:LGO) Stock Price Down 0.9% - What's Next?

Largo logo with Basic Materials background

Shares of Largo Inc. (TSE:LGO - Get Free Report) were down 0.9% during mid-day trading on Tuesday . The company traded as low as C$2.20 and last traded at C$2.24. Approximately 2,251 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 26,173 shares. The stock had previously closed at C$2.26.

Largo Price Performance

The company has a 50 day moving average of C$2.32 and a 200-day moving average of C$2.60. The company has a debt-to-equity ratio of 48.45, a current ratio of 1.67 and a quick ratio of 1.52. The company has a market cap of C$91.20 million, a P/E ratio of -1.85, a price-to-earnings-growth ratio of -0.76 and a beta of 2.09.

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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