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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 ThaLuvDoctaon Mar 20, 2024 10:32pm
148 Views
Post# 35944192

Why analysts say it’s a buy:

Why analysts say it’s a buy:

Analyst Gordon Lawson of Paradigm Capital has rated the stock a Buy, analyst Michael Heim of Noble Capital Markets has rated it Outperform, and Rule Investment Media LLC CEO Rick Rule recently named it one of his top picks.

"The Largo investment story is less about near-term results and more about long-term developments," Heim wrote.

We view successful execution of the ilmenite project as well as the advancement of the clean energy business through further customer updates to be potential catalysts in the year ahead," Adams and Nadarajah wrote.


"The potential for the Largo Physical Vanadium vehicle, an innovative way to store vanadium, which is a market that I think goes higher, makes this whole sort of complex, Largo and the vanadium sector, very appealing to me," Rule told Bloomberg.
 


https://www.streetwisereports.com/article/2023/05/25/why-analysts-believe-this-vanadium-co-is-a-buy.html#:~:text=(VAND:TSX.,Trust%20(SPUT)%20was%20created.


 

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