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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.


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Post by kha341on Aug 29, 2024 12:44pm
422 Views
Post# 36201449

Largo Resources (LGO) Gets a Buy from RBC Capital

Largo Resources (LGO) Gets a Buy from RBC Capital

Largo Resources (LGO) Gets a Buy from RBC Capital

https://markets.businessinsider.com/news/stocks/largo-resources-lgo-gets-a-buy-from-rbc-capital-1033695199

 

 

TipRanks

Aug. 15, 2024, 04:29 AM

 

 

 

In a report released yesterday, Andrew Wong CFA from RBC Capital reiterated a Buy rating on Largo Resources (LGO Research Report), with a price target of C$5.00. The company’s shares closed yesterday at $1.60.

Wong CFA covers the Basic Materials sector, focusing on stocks such as Cf Industries Holdings, Mosaic Co, and Nutrien. According to TipRanks, Wong CFA has an average return of 6.9% and a 45.37% success rate on recommended stocks.

Currently, the analyst consensus on Largo Resources is a Moderate Buy with an average price target of $4.02, a 151.25% upside from current levels. In a report released on August 13, H.C. Wainwright also reiterated a Buy rating on the stock with a $4.40 price target.


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