Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

<< Previous
Bullboard Posts
Next >>
Post by kha341on Mar 25, 2024 9:10am
104 Views
Post# 35950339

Largo (NYSE:LGO) PT Lowered to US$4.60 by HC Wainwright

Largo (NYSE:LGO) PT Lowered to US$4.60 by HC Wainwright

US$4.60 is in the same range as Largo’s book value



https://www.marketbeat.com/instant-alerts/nyse-lgo-lower-price-target-2024-03-25/


Largo (NYSE:LGO - Get Free Report) had its price objective reduced by stock analysts at HC Wainwright from $9.00 to $4.60 in a research note issued to investors on Monday, Benzinga reports. The brokerage presently has a "buy" rating on the stock. HC Wainwright's price target would suggest a potential upside of 191.14% from the company's current price.

Largo Stock Performance

NYSE LGO opened at $1.58 on Monday. The company's 50 day simple moving average is $1.92 and its two-hundred day simple moving average is $2.28. Largo has a 1 year low of $1.50 and a 1 year high of $5.44. The stock has a market capitalization of $101.20 million, a PE ratio of -3.10 and a beta of 1.76. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.97 and a quick ratio of 1.62. 

Institutional Investors Weigh In On Largo

Several hedge funds and other institutional investors have recently added to or reduced their stakes in LGO. Toronto Dominion Bank bought a new position in shares of Largo in the 3rd quarter worth about $36,000. Sprott Inc. bought a new position in shares of Largo during the third quarter valued at approximately $59,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in shares of Largo during the third quarter valued at approximately $99,000. Credit Suisse AG boosted its position in shares of Largo by 22.8% in the 2nd quarter. Credit Suisse AG now owns 35,527 shares of the company's stock worth $242,000 after purchasing an additional 6,599 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Largo by 17.1% in the 2nd quarter. Goldman Sachs Group Inc. now owns 33,064 shares of the company's stock worth $226,000 after buying an additional 4,837 shares during the last quarter. 64.08% of the stock is owned by hedge funds and other institutional investors. 




<< Previous
Bullboard Posts
Next >>