Streetbeat News

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.

Open

1.90

Mkt cap

131M

Volume

69K

High

2.13

P/E Ratio

-2.70

52-wk high

2.84

Low

1.90

Div yield

N/A

52-wk low

1.38

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

HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on Largo (NASDAQ:LGO) but lowers the price target from $12 to $9.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 1:20 pm

Largo (NASDAQ:LGO) is set to announce its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $-0.05. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares of Largo were trading at $2.25 as of November 6, and over the last 52-week period, shares are down 59.12%.

Portfolio Pulse from Benzinga Insights

November 07, 2023 | 4:01 pm

During Friday's session, 157 stocks hit new 52-week lows. Among the notable companies were Corteva, American Rebel Holdings, Mullen Automotive, and BNY Mellon Strategic. The stocks that created new 52-week lows on Friday included Avangrid, SolarEdge Technologies, Etsy, UGI, Concentrix, Hawaiian Electric Indus, Equity Commonwealth, Forward Air, Cracker Barrel Old, Petco Health and Wellness, JinkoSolar Holding Co, Olaplex Hldgs, Frontier Group Holdings, Impinj, Safehold, Monro, 3D Sys, TDCX, Everbridge, Silk Road Medical, Cassava Sciences, 23andMe Holding, Wolverine World Wide, Avidity Biosciences, Boston Omaha, John Hancock Premium Div, BioLife Solns, Seres Therapeutics, American Well, Materialise, BNY Mellon Strategic, Southland Holdings, Funko, Fate Therapeutics, Citizens Financial Servs, American Lithium, Emergent BioSolutions, PetMed Express, Sutro Biopharma, Hippo Holdings, Largo, Omega Therapeutics, System1, Benson Hill, Eaton Vance Municipal, Vor Biopharma, Star Hldgs, Origin Mat, Joint, NanoString Technologies, Codexis, ContextLogic, Akoustis Technologies, Cano Health, GeneDx Hldgs, Electrovaya, Kezar Life Sciences, ProPhase Labs, Alaunos Therapeutics, Chimerix, Electriq Power Holdings, DZS, Streamline Health Solns, Eargo, Intercure, Prime Number Acquisition, REE Automotive, TD Hldgs, Carmell Therapeutics, Neuronetics, Kaixin Auto Hldgs, Crown Crafts, Airgain, Ohmyhome, Singular Genomics Sys, First Seacoast Bancorp, Sarcos Technology, Coya Therapeutics, Otonomo Technologies, CareCloud, Aterian, PAVmed, Orgenesis, CalAmp, Imperial Ptrl, Fitell, LQR House, Iridex, OMNIQ, Safeguard Scientifics, Lichen China, Origin Agritech, Atreca, Sunlight Finl Hldgs, Yunji, MediaCo Holding, Trio Petroleum, Cineverse, Lucy Scientific Discovery, Remark Hldgs, Shuttle Pharmaceuticals, Hempacco, Finch Therapeutics Gr, Visionary Education Tech, Marpai, Ontrak, Nogin, Adamis Pharmaceuticals, China Jo-Jo Drugstores, ABVC BioPharma, Fangdd Network Group, SeaStar Medical Holding, Yoshiharu Global, Universe Pharmaceuticals, Redhill Biopharma, Jiuzi Hldgs, Power REIT, Soligenix, Eightco Holdings, JanOne, Avalo Therapeutics, Yield10 Bioscience, Aditxt, Salarius Pharmaceuticals, China Pharma Holding, OpGen, Akanda, Harbor Custom Dev, Biocept, NeuBase Therapeutics, Ucommune International, INVO Bioscience, Esports Entertainment, American Rebel Holdings.

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 6:01 pm

HC Wainwright & Co. analyst Heiko Ihle has reiterated a 'Buy' rating on Largo (NASDAQ:LGO) and maintained a $12 price target.

Portfolio Pulse from richadhand@benzinga.com

August 11, 2023 | 10:36 am

Largo (NASDAQ:LGO) is set to release its latest quarterly earnings report on August 9, 2023. Analysts estimate an earnings per share (EPS) of $-0.09. The company's past performance shows a trend of missing EPS estimates and subsequent drops in share price. Shares of Largo are currently trading at $4.33 and have seen a 45.47% decrease over the last 52-week period.

Portfolio Pulse from Benzinga Insights

August 08, 2023 | 4:02 pm

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