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 > Wainwright boosted Largo annual earnings from $0.08 to $0.12

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Comment by kha341on Nov 15, 2022 7:40am

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Post# 35099050

RE:Wainwright boosted Largo annual earnings from $0.08 to $0.12

kha341 wrote:

Stock analysts at HC Wainwright boosted their FY2022 earnings estimates for Largo in a research report issued to clients and investors on Friday, November 11th. HC Wainwright analyst H. Ihle now forecasts that the company will post earnings of $0.12 per share for the year, up from their previous estimate of $0.08. The consensus estimate for Largo's current full-year earnings is $0.19 per share.

The above numbers are in US$.
FYI. The actual EPS as at Sept 2022 = US$0.21 or 2 cts higher than the FY2022 consensus. So it seems like the consensus for Q4-22 = a loss. May be it's just me but Ihle's estimates (from US$0.08 to 0.12) look like a very pessimistic outlier to me.