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Largo (TSE:LGO) Stock Price Up 1.6% - Here's Why

Largo logo with Basic Materials background

Largo Inc. (TSE:LGO - Get Free Report)'s stock price was up 1.6% during trading on Tuesday . The company traded as high as C$2.53 and last traded at C$2.49. Approximately 8,439 shares changed hands during trading, a decline of 80% from the average daily volume of 41,743 shares. The stock had previously closed at C$2.45.

Largo Price Performance

The company has a debt-to-equity ratio of 41.04, a current ratio of 2.13 and a quick ratio of 1.52. The firm has a market capitalization of C$159.63 million, a price-to-earnings ratio of -2.33, a PEG ratio of -0.76 and a beta of 2.09. The stock has a 50 day moving average price of C$2.88 and a two-hundred day moving average price of C$2.68.

About Largo

(Get Free Report)

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.

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