Largo Inc T.LGO

Alternate Symbol(s): LGO

Metals & Mining Industrial Metals & Minerals

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

Largo Inc

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Post by kha341on Nov 12, 2024 9:41pm

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Post# 36309420

Results = Not Bad

Considering the fact that the benchmark V205 = $5.71/lb (vs Q1 $6.44 and Q2 $5.93), a positive Q3-24 EBITDA of $2.4M (vs negtative Q1 EBITDA of -3.6M and negtative Q2 EBITDA -833K) out of a revenue of $29.9M and a Net Income Loss of $10.1M (including $3.3M in non-recurring items) are not bad at all.

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Thesis Gold makes high-grade discovery at Ring Zone