Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Clipper2on Aug 06, 2021 1:35pm
92 Views
Post# 33664052

RE:RE:Q2 Financials

RE:RE:Q2 Financials
Drhoho wrote: Clipper, great format, very helpful at looking at Q2 and H1. With either steady or further V2O5 $US rise in Q3 and Q4 and production and sales at least even with Q2, I estimate that 2021 earnings will be ~$US1.00/share which should justify a P/E ratio of at least 16 or higher. If my best guess is correct or close, the  big question is what LGO does with $US 60-75 million net cash increase.


I agree doc.
The average AsianMetals price of V2O5 for Q3 to date is USD 9.18 and the most recent V price is USD 9.80.

Each $1 increase in the price of V2O5 increases the Revenue by approx. USD 6.5m.
Looking good going forward.
GL









<< Previous
Bullboard Posts
Next >>