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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 May 15, 2023 8:50pm
163 Views
Post# 35449441

Share Price vs Book Value per share

Share Price vs Book Value per share

It's does not look good! Where is the bottom?

Book Value is the company's equity value as reported in its financial statements. Theoretically, Book Value represents the total value that shareholders would receive if the company was liquidated after selling all assets and paying all debts and obligations. 

“Should the company dissolve, the book value per common share indicates the dollar value remaining for common shareholders after all assets are liquidated and all debtors are paid”(Investopedia). 
 

Market Value is the market capitalisation (sp x number of o/s shares) of a publicly traded company. It represents the perception of investors about the company's worth according to the stock market.


“The market value of a company will usually exceed its book valuation. The stock market assigns a higher value to most companies because they have more earnings power than their assets. It indicates that investors believe the company has excellent future prospects for growth, expansion, and increased profits.

It is unusual for a company to trade at a market value that is lower than its book valuation. When that happens, it usually indicates that the market has momentarily lost confidence in the company. It may be due to business problems, loss of critical lawsuits, or other random events. In other words, the market doesn't believe that the company is worth the value on its books. Mismanagement or economic conditions might put the firm's future profits and cash flows in question” (Investopedia)



Largo’s book value per share = C$5.59 or US$4.15 for the most recently interim ending 2023-03-31

LGO TMX closing price = C$5.58 (2023-05-15)

LGO Nasdaq closing price = US$4.14 (2023-05-15)




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