Bullboard - Stock Discussion Forum Largo Inc LGO

Primary Symbol: T.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... see more

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Largo Inc > SP vs Book Value

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Post by kha341 on Oct 28, 2024 7:43pm

SP vs Book Value

Based on Yahoo Finance, Largo’s Book Value per share = US$3.11.

When the share price is lower than the book value, it is an indication that the markets don't think that the company's assets can generate cash/growth. The new pre-feasibility report demonstrates that the company’s assets can generate 1.1 billion US$ after-tax NPV if Largo is willing to invest about + half a billion US$. In a sense the new report reflects the old pre-feasibility report issued in Oct 2021 ( which showed a $2.0 Billion After-Tax NPV) albeit with a 7 years delay due to Arias vision which focused on energy storage instead of developing TiO2 pigment as a co-product. So, I don’t think we will see LGO traded below its book value anymore.
DYODD

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