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 > RBC Andrew Wong

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Comment by kha341on Mar 20, 2021 3:55pm

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Post# 32845512

RE:RE:RBC Andrew Wong

kha341 wrote:

island9999 wrote: RBC's Andrew Wong gives an Outperform rating with a $20 CAD PT, and an upside scenario of $30 CAD.He thinks the Largo Clean Energy side of the business will consume up to 60% of the high quality Vanadium produced by 2026,...the Vanadium used in Clean Energy receives an equivalent price of $9.50 lb.The sale of Iron Ore is a new possible revenue stream, but again he needs to know more about realized prices which are unknown,

To view complete report if you have RBC Direct Investing, go to insight portal for Andrew Wong March 19th Report.

Thank you island. If I'm not mistaken Andrew's previous PT was C$1.50 (= C$15 post consolidation) given on Nov 20 2020. So now C$20 is an improvement.

The Globe&Mail reported different PT numbers. Island, would it be possible that PT C$25 = the mid-price between C$20 and C$30?

Friday's analyst upgrades and downgrades - The Globe and ...

www.theglobeandmail.com › markets › inside-the-market

1 day ago — ... RBC's Andrew Wong increased his Ag Growth International Inc. ... lowered his target for shares of Largo Resources Ltd. (LGO-T) to $25 from $28 with a “buy” rating.