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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

Comment by kha341on Jun 16, 2021 4:34pm
170 Views
Post# 33398025

RE:The failure of Battery Day as a promotional event

RE:The failure of Battery Day as a promotional event
kha341 wrote:

The fact that the daily number of shares traded has been so low since Battery Day (June 9) speaks volumes about the failure of that promotional event in stimulating any enthusiasm for LGO. Nothing but a big yawn from the market. Talk is cheap. Execution is everything. 


TSX Volume:

June 10 = 78.5K

June 11 = 156.7K

June 14 = 68.1K

June 15 = 56.7K

For a daily average of 90K which is way below the 30-day average of 147.5K





The lack of interest by the market continues.

TSX Volume:

June 10 = 78.5K

June 11 = 156.7K

June 14 = 68.1K

June 15 = 56.7K
June 16 = 70.8K

 

For a daily average of 86.2K which is way below the 30-day average of 143.4K.

Btw, today's Nasdaq volume = 72.8K
which is about half of the average volume (3-mth) of 139.4K. The upgrade to Nasdaq is supposed to expose Largo to new deep-pocketed / smart institutional investors. Where are they now? We can't say that Battery Day has attracted more buyers, can we? Seriously.

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