Largo (TSE:LGO) Trading Up 5.3% – Time to Buy?

Largo Inc. (TSE:LGO) rose 5.3% during trading on Tuesday . The stock traded as high as C$1.63 and last traded at C$1.59. Approximately 227,991 shares were traded during mid-day trading, a decline of 0% from the average daily volume of 228,141 shares. The stock had previously closed at C$1.51.

Largo Stock Down 2.3%

The firm’s 50 day simple moving average is C$1.92 and its 200 day simple moving average is C$1.81. The company has a market cap of C$143.08 million, a price-to-earnings ratio of -1.73, a price-to-earnings-growth ratio of -0.76 and a beta of 1.99. The company has a quick ratio of 1.52, a current ratio of 0.50 and a debt-to-equity ratio of 81.40.

Largo (TSE:LGO) last issued its quarterly earnings data on Wednesday, April 1st. The company reported C($0.28) earnings per share (EPS) for the quarter. Largo had a negative return on equity of 41.23% and a negative net margin of 57.33%.The business had revenue of C$38.44 million for the quarter. Sell-side analysts anticipate that Largo Inc. will post 0.1349206 EPS for the current fiscal year.

Largo Company Profile

Largo Inc is committed to the production and supply of high-quality vanadium products. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, primarily in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder.