Largo Inc. (TSE:LGO - Get Free Report)'s stock price traded down 1.8% during mid-day trading on Monday . The company traded as low as C$2.69 and last traded at C$2.75. 25,774 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 43,572 shares. The stock had previously closed at C$2.80.
Largo Trading Down 5.5 %
The stock has a market capitalization of C$166.69 million, a price-to-earnings ratio of -2.42, a PEG ratio of -0.76 and a beta of 2.09. 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 business has a 50 day simple moving average of C$2.53 and a 200-day simple moving average of C$2.50.
Largo (TSE:LGO - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The company reported C($0.31) earnings per share for the quarter. The company had revenue of C$39.08 million during the quarter. Largo had a negative net margin of 31.84% and a negative return on equity of 21.59%. As a group, equities analysts expect that Largo Inc. will post 0.1349206 earnings per share for the current year.
About Largo
(
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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.
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