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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 kha341on Sep 19, 2022 9:25am
168 Views
Post# 34970886

Morgan Stanley

Morgan Stanley

https://www.etfdailynews.com/2022/09/17/largo-tselgo-earns-equal-weight-rating-from-morgan-stanley/

Largo (TSE:LGO) Earns Equal Weight Rating from Morgan Stanley

 by MarketBeat News on Sep 17th, 2022

Morgan Stanley reaffirmed their equal weight rating on shares of Largo (TSE:LGO) in a report released on FrPostediday, Stock Target Advisor reports. They currently have a C$10.70 price target on the stock.

Separately, HC Wainwright reaffirmed a buy rating and set a C$19.00 target price on shares of Largo in a research note on Friday, August 12th.

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Largo Trading Down 9.9 %

Shares of TSE LGO opened at C$7.34 on Friday. The business’s 50 day moving average is C$8.94 and its two-hundred day moving average is C$11.20. The company has a debt-to-equity ratio of 5.96, a current ratio of 3.09 and a quick ratio of 1.41. Largo has a 1-year low of C$7.34 and a 1-year high of C$18.20. The stock has a market capitalization of C$470.71 million and a P/E ratio of 14.12.


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