TSE:LGO

Largo Resources Stock Forecast, Price & News

C$14.15

+0.37 (+2.69 %)

(As of 09/22/2021 10:54 AM ET)

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Today's Range

C$14.00

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C$14.39

50-Day Range

C$13.78

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C$20.95

52-Week Range

C$8.90

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C$22.96

Volume29,262 shs

Average Volume120,091 shs

Market CapitalizationC$915.18 million

P/E Ratio32.53

Dividend YieldN/A

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Largo Resources

Largo Resources Ltd. operates as a natural resource development and exploration company in Brazil and Canada. It explores for vanadium, iron, tungsten, and molybdenum deposits. The company's principal operating asset is its 100% owned MaracÃ¡s Menchen mine covering an area of 17,690.5 hectares located in the eastern Bahia State of Brazil. It also holds 100% interests in the Northern Dancer Project, a tungsten and molybdenum property located in the Yukon, Canada; the Currais Novos Project, a tungsten project in Brazil; and the Campo Alegre de Lourdes project, an iron vanadium property in Bahia, Brazil. The company was formerly known as Consolidated Kaitone Holdings Ltd. and changed its name to Largo Resources Ltd. in June 2004. Largo Resources Ltd. was incorporated in 1988 and is headquartered in Toronto, Canada.

Largo Resources (TSE:LGO) Trading 2.9% Higher
September 8, 2021 | americanbankingnews.com

Investing in Largo Resources (TSE:LGO) five years ago would have delivered you a 249% gain
August 26, 2021 | finance.yahoo.com

Largo Resources to Release Second Quarter 2021 Financial Results on August 10, 2021
July 28, 2021 | finance.yahoo.com

Largo Resources Appoints Ian Robertson to Co-Chair of its Board of Directors and as Interim President of Largo Clean Energy
July 22, 2021 | finance.yahoo.com

Are Largo Resources Ltd.'s (TSE:LGO) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
July 21, 2021 | finance.yahoo.com

Largo Resources Announces Second Quarter 2021 Production and Sales Results; Positive Vanadium Demand Expected to Continue in H2 2021
July 21, 2021 | finance.yahoo.com

Largo Resources Ltd. Common Shares (LGO)
April 29, 2021 | nasdaq.com

Largo Resources Announces First Quarter 2021 Production and Sales Results; Strong Vanadium Market Fundamentals Continue
April 19, 2021 | finance.yahoo.com

Largo Resources Approves the Construction of a New Ilmenite Concentration Plant
March 18, 2021 | finance.yahoo.com

Largo Resources Ltd. (LGORD)
March 17, 2021 | au.finance.yahoo.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Industrial Metals & Minerals
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:LGO
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.largoresources.com
Phone+1-416-8619797
Employees436
Year FoundedN/A

Sales & Book Value

Annual SalesC$163.82 million
Price / Sales5.59
Cash FlowC$1.09 per share
Price / Cash Flow13.01
Book ValueC$4.18 per share
Price / Book3.39

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares64,677,000
Market CapC$915.18 million
Next Earnings Date11/11/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.86 out of 5 stars

3.7 Analyst's Opinion

Consensus Rating
Largo Resources has received a consensus rating of Buy. The company's average rating score is 3.33, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$24.67, Largo Resources has a forecasted upside of 74.0% from its current price of C$14.18.
Amount of Analyst Coverage
Largo Resources has only been the subject of 2 research reports in the past 90 days.

4.8 Community Rank

Outperform Votes
Largo Resources has received 102 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Largo Resources has received 39 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Largo Resources has received 72.34% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Largo Resources and other stocks. Vote “Outperform” if you believe LGO will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LGO will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Largo Resources does not currently pay a dividend.
Dividend Growth
Largo Resources does not have a long track record of dividend growth.

0.8 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Largo Resources insiders have sold more of their company's stock than they have bought. Specifically, they have bought C$0.00 in company stock and sold C$292,424.00 in company stock.

0.0 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Largo Resources is 32.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of Largo Resources is 32.60, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 15.38.
Price to Earnings Growth Ratio
Due to a projected decrease in earnings for Largo Resources, their PEG ratio cannot be calculated.
Price to Book Value per Share Ratio
Largo Resources has a P/B Ratio of 3.39. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Largo Resources (TSE:LGO) Frequently Asked Questions

Is Largo Resources a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Largo Resources in the last year. There are currently 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Largo Resources stock.
View analyst ratings for Largo Resources or view top-rated stocks.

What stocks does MarketBeat like better than Largo Resources?

Wall Street analysts have given Largo Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Largo Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Largo Resources' next earnings date?

Largo Resources is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.
View our earnings forecast for Largo Resources.

How were Largo Resources' earnings last quarter?

Largo Resources Ltd. (TSE:LGO) issued its quarterly earnings results on Tuesday, August, 10th. The company reported $0.16 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.35 by $0.19. The business earned $66.71 million during the quarter.
View Largo Resources' earnings history.

How has Largo Resources' stock price been impacted by COVID-19?

Largo Resources' stock was trading at C$0.64 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LGO shares have increased by 2,115.6% and is now trading at C$14.18.
View which stocks have been most impacted by COVID-19.

What price target have analysts set for LGO?

3 brokers have issued 1-year price targets for Largo Resources' shares. Their forecasts range from C$24.00 to C$25.00. On average, they anticipate Largo Resources' share price to reach C$24.67 in the next year. This suggests a possible upside of 74.0% from the stock's current price.
View analysts' price targets for Largo Resources or view top-rated stocks among Wall Street analysts.

Who are Largo Resources' key executives?

Largo Resources' management team includes the following people:

Mr. Paulo GuimarÃ£es Misk, Pres, CEO & Director (Age 58, Pay $1.27M)
Mr. Ernest M. Cleave C.A., M.B.A., CPA, Chief Financial Officer (Age 52, Pay $800k)
Mr. Paul Vollant, Director of Sales & Trading (Age 37, Pay $466.89k)
Mr. David Harris, Corp. Controller
Mr. Nilson Luciano Chaves, VP of Fin. & Admin. - Brazil
Alvaro Jose Do Carmo Resende, Production Director
Mr. Kurt Menchen, Advisor (Age 70)

Who are some of Largo Resources' key competitors?

Some companies that are related to Largo Resources include Lithium Americas (LAC), Parex Resources (PXT), Uranium Participation (U), Superior Plus (SPB), Champion Iron (CIA), Coro Mining (COP), Lundin Gold (LUG), Pretium Resources (PVG), Arizona Mining (AZ), Interfor (IFP), K92 Mining Inc. (KNT.V) (KNT), China Gold International Resources (CGG), Semafo (SMF), Denison Mines (DML) and SilverCrest Metals (SIL).
View all of LGO's competitors.

What other stocks do shareholders of Largo Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Largo Resources investors own include Legacy Oil And Gas (LEG), UrtheCast (UR), IAMGOLD (IMG), Trevali Mining (TV), Aurora Cannabis (ACB), Newmont (NEM), Largo Resources (LGORF), Micron Technology (MU), Bellatrix Exploration (BXE) and Canfor (CFP).

What is Largo Resources' stock symbol?

Largo Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "LGO."

How do I buy shares of Largo Resources?

Shares of LGO and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Largo Resources' stock price today?

One share of LGO stock can currently be purchased for approximately C$14.18.

How much money does Largo Resources make?

Largo Resources has a market capitalization of C$917.12 million and generates C$163.82 million in revenue each year.

How many employees does Largo Resources have?

Largo Resources employs 436 workers across the globe.

What is Largo Resources' official website?

The official website for Largo Resources is www.largoresources.com.

Where are Largo Resources' headquarters?

Largo Resources is headquartered at 65 Queen St W Suite 820, TORONTO, ON M5H 2M5, Canada.

How can I contact Largo Resources?

Largo Resources' mailing address is 65 Queen St W Suite 820, TORONTO, ON M5H 2M5, Canada. The company can be reached via phone at +1-416-8619797.

This page was last updated on 9/22/2021 by MarketBeat.com Staff

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