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Largo (TSE:LGO) Stock Price Down 0.9% - Here's What Happened

Largo logo with Basic Materials background

Shares of Largo Inc. (TSE:LGO - Get Free Report) traded 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. 2,251 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 26,173 shares. The stock had previously closed at C$2.26.

Largo Stock Down 0.9 %

The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 48.45. The business has a 50-day moving average price of C$2.34 and a 200-day moving average price of C$2.62. The firm has a market capitalization of C$102.14 million, a PE ratio of -2.07, 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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