Largo Inc. (NYSE:LGO - Free Report) - Investment analysts at HC Wainwright issued their FY2025 EPS estimates for shares of Largo in a research note issued on Wednesday, May 1st. HC Wainwright analyst H. Ihle anticipates that the company will post earnings per share of $0.11 for the year. HC Wainwright has a "Buy" rating and a $4.70 price objective on the stock. The consensus estimate for Largo's current full-year earnings is ($0.06) per share.
Largo Stock Performance
NYSE:LGO traded up $0.04 during mid-day trading on Thursday, hitting $1.63. The stock had a trading volume of 28,789 shares, compared to its average volume of 68,090. The stock has a market capitalization of $104.40 million, a price-to-earnings ratio of -3.20 and a beta of 1.68. The company has a 50 day simple moving average of $1.66 and a 200-day simple moving average of $2.01. Largo has a 52 week low of $1.38 and a 52 week high of $5.40. The company has a current ratio of 3.23, a quick ratio of 1.78 and a debt-to-equity ratio of 0.30.
Largo (NYSE:LGO - Get Free Report) last posted its quarterly earnings results on Thursday, March 21st. The company reported ($0.21) EPS for the quarter. Largo had a negative net margin of 16.29% and a negative return on equity of 12.02%. The business had revenue of $44.17 million during the quarter.
Institutional Trading of Largo
Several hedge funds have recently bought and sold shares of the company. Toronto Dominion Bank bought a new stake in shares of Largo during the 3rd quarter worth about $36,000. Sprott Inc. bought a new stake in shares of Largo in the 3rd quarter worth approximately $59,000. Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Largo in the 3rd quarter worth approximately $99,000. Finally, Russell Investments Group Ltd. raised its holdings in shares of Largo by 32.8% in the 4th quarter. Russell Investments Group Ltd. now owns 90,890 shares of the company's stock worth $210,000 after purchasing an additional 22,437 shares in the last quarter. 64.08% of the stock is currently owned by institutional investors.
Largo Company Profile
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Largo Inc engages in the development and sale of vanadium-based energy storage systems in Canada. The company operates through, Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy and Largo Physical Vanadium Segments. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications.
Further Reading
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