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Largo Inc T.LGO

Alternate Symbol(s):  LGO

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.


TSX:LGO - Post by User

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Post by Possibleidiot01on Apr 17, 2023 6:52pm
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Post# 35399390

Trevor Rose's Insights - Don't BUY

Trevor Rose's Insights - Don't BUY
DON'T BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. LGO is cheap, and growing again, but it does not generate much cash yet (only $3.5M in 2022). 
It had a big miss on earnings last quarter, and the CEO left suddenly (likely fired). 
The stock has not participated in this year's rally, and we think investors can move on. 

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