Largo (TSE:LGO) Trading Up 1.6% – Here’s What Happened

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

Largo Price Performance

The company has a fifty day simple moving average of C$2.88 and a 200 day simple moving average of C$2.68. The stock has a market capitalization of C$161.56 million, a price-to-earnings ratio of -2.36, a P/E/G ratio of -0.76 and a beta of 2.09. 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 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.