Largo (LGO) to Release Quarterly Earnings on Tuesday

Largo (TSE:LGO) will be posting its quarterly earnings results after the market closes on Tuesday, November 12th.

Largo (TSE:LGO) last posted its 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 for the quarter. Largo had a negative return on equity of 21.59% and a negative net margin of 31.84%.

Largo Trading Up 5.0 %

Shares of TSE:LGO traded up C$0.16 during mid-day trading on Tuesday, reaching C$3.35. 15,645 shares of the company’s stock were exchanged, compared to its average volume of 44,243. The firm has a market capitalization of C$214.77 million, a price-to-earnings ratio of -2.98, a PEG ratio of -0.76 and a beta of 2.09. The business’s fifty day moving average price is C$2.66 and its 200-day moving average price is C$2.57. The company has a debt-to-equity ratio of 41.04, a quick ratio of 1.52 and a current ratio of 2.13. Largo has a twelve month low of C$1.89 and a twelve month high of C$3.92.

Largo Company Profile

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.