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Largo (TSE:LGO) Trading 3.3% Higher - Time to Buy?

Largo logo with Basic Materials background

Largo Inc. (TSE:LGO - Get Free Report)'s share price was up 3.3% on Monday . The company traded as high as C$1.91 and last traded at C$1.86. Approximately 124,502 shares changed hands during trading, an increase of 181% from the average daily volume of 44,265 shares. The stock had previously closed at C$1.80.

Largo Stock Performance

The firm has a market cap of C$119.29 million, a PE ratio of -3.22, a P/E/G ratio of -0.76 and a beta of 1.45. 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 stock has a 50-day moving average price of C$2.23 and a 200 day moving average price of C$2.03.

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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