Largo Inc T.LGO

Alternate Symbol(s): LGO

Metals & Mining Industrial Metals & Minerals

Largo Inc. is a Canada-based producer and supplier of vanadium products. The Company’s segments include sales & trading, mine properties, corporate, exploration and evaluation properties (E&E properties), Largo Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products, which are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology (VRFB). The Company is also engaged in the process of implementing a titanium dioxide pigment plant using feedstock sourced from its existing operations, in addition to advancing its United States-based clean energy division with its VCHARGE vanadium batteries. VPURE+ Flakes are used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries.

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Largo Inc > Largo Resources scores a "Perfect 10" from TipRanks’

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Comment by island9999on May 18, 2021 10:49pm

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Post# 33227926

RE:RE:Largo Resources scores a "Perfect 10" from TipRanks’

st_esteban wrote:

st_esteban wrote:

https://www.nasdaq.com/articles/wall-street-roundup%3A-bullish-bearish-calls-of-the-day-2021-04-20

Morgan Stanley analyst Carlos De Alba upgraded Largo Resources (LGO) to Buy from Hold and increased the price target to C$36 from C$19.60. According to De Alba, the company’s entry into clean energy through its utility-scale battery business “can be a transformational opportunity for the company”. Though technology related to vanadium redox flow batteries are under-developed, the analyst foresees a rise in use driven by increasing demand for longer-duration systems. Furthermore, the analyst forecasts “VRFBs” demand to increase by 25%-30% per year till 2030.

Largo Resources scores a "Perfect 10" from TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform market expectations.