Largo Inc. (TSE:LGO - Get Free Report) shares shot up 12.7% on Friday . The stock traded as high as C$2.55 and last traded at C$2.39. 105,089 shares changed hands during trading, an increase of 264% from the average session volume of 28,899 shares. The stock had previously closed at C$2.12.
Largo Price Performance
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 stock has a market cap of C$101.69 million, a P/E ratio of -2.06, a price-to-earnings-growth ratio of -0.76 and a beta of 2.09. The business's 50-day simple moving average is C$1.84 and its two-hundred day simple moving average is C$2.21.
Largo Company Profile
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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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