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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

Comment by ThaLuvDoctaon Mar 23, 2024 6:12pm
73 Views
Post# 35949069

RE:Impairment tests yield good news

RE:Impairment tests yield good newsThey can toy with SP all they want. That's what happens with high institutional investment and low volume; I've seen this before when I bought Dollar General at about $105 US which had around 90% institutional investment at the bottom. This happens a lot in the market in my experience. Trading at .4 price/book, the shares are priced around 40% of book value. Investing is not for everyone. The truth is that many retail investors sell just because a stock is going down without much further analysis; this is the wrong way to think about investing. A return to book value is a 150% gain. That's enormous. 
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