Largo (TSE:LGO) Shares Up 1.3% – What’s Next?

Shares of Largo Inc. (TSE:LGOGet Free Report) rose 1.3% during trading on Tuesday . The stock traded as high as C$2.41 and last traded at C$2.35. Approximately 9,658 shares were traded during trading, a decline of 61% from the average daily volume of 24,964 shares. The stock had previously closed at C$2.32.

Largo Price Performance

The stock has a market capitalization of C$104.42 million, a price-to-earnings ratio of -2.11, a PEG ratio of -0.76 and a beta of 2.09. The company has a debt-to-equity ratio of 48.45, a current ratio of 1.67 and a quick ratio of 1.52. The business has a fifty day moving average of C$2.59 and a 200 day moving average of C$2.68.

Largo Company Profile

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Largo Inc is committed to the production and supply of high-quality vanadium products. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, primarily in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder.

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