Largo (TSE:LGO) Trading 0.5% Higher - Here's What Happened

Key Points

• Largo Inc. (TSE:LGO) shares increased by 0.5% during trading, closing at C$2.06, after reaching a high of C$2.10.
• The company's market capitalization stands at C$132.11 million, with a notable debt-to-equity ratio of 48.45.
• Largo is focused on producing high-quality vanadium products and advancing renewable energy storage solutions through its vanadium redox flow battery technology.

Largo Inc. (TSE:LGO - ) traded up 0.5% during trading on Tuesday . The company traded as high as C$2.10 and last traded at C$2.06. 11,679 shares changed hands during trading, a decline of 61% from the average session volume of 29,711 shares. The stock had previously closed at C$2.05.

Largo Stock Up 0.5%

The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 48.45. The stock has a market capitalization of C$132.11 million, a P/E ratio of -3.57, a P/E/G ratio of -0.76 and a beta of 1.57. The business has a 50-day moving average price of C$1.97 and a 200 day moving average price of C$2.05.

About Largo

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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