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Bullboard - Stock Discussion Forum 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... see more

TSX:LGO - Post Discussion

Largo Inc > A double-digit sp
View:
Post by kha341 on Aug 11, 2022 10:11pm

A double-digit sp

Q2-22 results were very strong and beat expectations for the first time since Q4-20. The reported earnings were higher than the consensus expectation by ~17%. Logically the sp will rise sharply in response to such a solid performance.  

Despite the orchestrated effort by Anonymous et al to put a lid on the sp today, I strongly believe that LGO will go back to a double-digit number on TMX in no time. So let's see. 


My 2cts

DYODD


Comment by NewAgeMetal on Aug 11, 2022 11:17pm
Your logic is sound, the problem is I don't think it's more than a turkey flying in a hurricane. Vanadium prices were up, they aren't any more so they can't hide their sins.
Comment by kha341 on Aug 11, 2022 11:32pm
To put it in perspective: In the last 12 Qs (3 years), there were only 2 positive Qs and Q2-22 was one of them. In the last 6 Qs, Q2-22 was the only positive Q. Largo Earnings Surprises (in CAD$)