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LGO

Largo Inc.

https://www.largoinc.com

Industry

Industrial Materials

Largo Inc. engages in the development and sale of vanadium-based utility scale electrical energy storage systems in Canada. The company operates in five segments: Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications. The company offers renewable energy solutions through Largo Clean Energy. Its products are sourced from vanadium deposits at the Maracás Menchen Mine in Brazil. The company was formerly known as Largo Resources Ltd. and changed its name to Largo Inc. in November 2021. Largo Inc. was incorporated in 1988 and is headquartered in Toronto, Canada.

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HC Wainwright & Co. has maintained its Buy rating on Largo (NASDAQ:LGO) but lowered the price target from $4.7 to $4.4.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 10:39 am

Largo reported a Q2 EPS of $(0.23), a decline from $(0.09) last year, and revenues of $28.56M, down from $53.11M in the prior year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 10:08 pm

HC Wainwright & Co. has maintained its Buy rating on Largo (NASDAQ:LGO) but has lowered the price target from $4.8 to $4.7.

Portfolio Pulse from Benzinga Newsdesk

July 18, 2024 | 10:26 am

HC Wainwright & Co. has maintained its Buy rating on Largo (NASDAQ:LGO) and raised the price target from $4.7 to $4.8.

Portfolio Pulse from Benzinga Newsdesk

May 17, 2024 | 11:55 am

HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Largo (NASDAQ:LGO) and raises the price target from $4.6 to $4.7.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:04 am

HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Largo (NASDAQ:LGO) but lowers the price target from $9 to $4.6.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 10:15 am

Largo (NASDAQ:LGO) reported Q4 earnings with an EPS of $-0.21, missing estimates by -320.0% against an expected $-0.05. Revenue decreased by $3.33 million from the previous year. This follows a pattern of missed EPS estimates in previous quarters, with a notable 7% drop in share price after last quarter's earnings miss.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 9:55 pm

Numerous companies are scheduled to report their earnings on March 21, 2024, covering a wide range of industries from technology to healthcare. The reports include a mix of expected quarterly earnings and losses, with notable companies such as Welltower, Academy Sports, Exscientia, Direxion Daily CSI China Internet Index Bull 2X Shares, and Winnebago Industries among those reporting before the bell. After the bell, companies like Lululemon Athletica, Nike, FedEx, and Intellicheck will report, providing insights into their financial health and performance.

Portfolio Pulse from Benzinga Insights

March 21, 2024 | 10:15 am

Largo (NASDAQ:LGO) is scheduled to release its quarterly earnings report on March 21, 2024, with analysts expecting an EPS of $-0.05. The company's past earnings performance shows a trend of not meeting EPS estimates, leading to significant share price drops the following day. Over the last year, Largo's shares have decreased by 64.35%, indicating a negative sentiment among long-term shareholders. Investors will be closely watching the upcoming earnings report, especially the company's guidance for future growth.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:02 pm

Largo (NASDAQ:LGO) is scheduled to release its quarterly earnings report on Thursday, 2024-03-21, with analysts expecting an EPS of $-0.05. The focus for investors will be on whether Largo beats this estimate and provides positive guidance for the next quarter. Largo's past earnings performance shows a trend of missing EPS estimates, leading to significant drops in share price. Currently, Largo shares are trading at $1.69, marking a 64.35% decrease over the last 52 weeks, indicating general investor dissatisfaction.

Portfolio Pulse from Benzinga Insights

March 20, 2024 | 3:01 pm

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