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.

TSX:LGO - Post by User

Largo Inc > Key Q2-21 numbers

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Comment by Clipper2on Aug 10, 2021 6:03pm

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Post# 33682456

RE:RE:RE:Key Q2-21 numbers

kha341 wrote:

kha341 wrote:

kha341 wrote:
Revenue = US$54.3M (no iron ore revenue reported)
Revenue per pound of V2O5 equivalent = US$8.14

Net Income before tax:
With FX gain = US$14.2M
Without FX gain = US$11.1

FX gain / loss is a non cash item

Net Profit Margin (including FX gain) = 26%

Net Profit Margin (excluding FX gain) = 20%

Very good Net Profit Margin. Perhaps we sold more High Purity in Q2 than in Q1.