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Largo (TSE:LGO) Stock Price Down 4.4% - What's Next?

Largo logo with Basic Materials background

Shares of Largo Inc. (TSE:LGO - Get Free Report) fell 4.4% on Wednesday . The stock traded as low as C$2.10 and last traded at C$2.17. 33,014 shares were traded during trading, an increase of 9% from the average session volume of 30,227 shares. The stock had previously closed at C$2.27.

Largo Stock Performance

The firm's 50-day moving average price is C$1.85 and its two-hundred day moving average price is C$2.20. The stock has a market cap of C$99.86 million, a price-to-earnings ratio of -2.02, a PEG ratio of -0.76 and a beta of 2.09. The company has a debt-to-equity ratio of 48.45, a quick ratio of 1.52 and a current ratio of 1.67.

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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