Largo (TSE:LGO) Insider Luander Rodrigues Peixoto Sells 74,331 Shares of Stock

Largo Inc. (TSE:LGO) insider Luander Rodrigues Peixoto sold 74,331 shares of the firm’s stock in a transaction that occurred on Monday, May 25th. The shares were sold at an average price of C$1.35, for a total transaction of C$100,346.85.

Largo Trading Down 1.5%

LGO opened at C$1.33 on Wednesday. The company’s 50 day moving average is C$1.61 and its 200-day moving average is C$1.67. Largo Inc. has a 1-year low of C$1.23 and a 1-year high of C$3.71. The company has a current ratio of 0.55, a quick ratio of 1.52 and a debt-to-equity ratio of 73.31. The company has a market cap of C$134.78 million, a P/E ratio of -1.41, a PEG ratio of -0.76 and a beta of 2.20.

Largo (TSE:LGO) last posted its quarterly earnings results on Wednesday, May 13th. The company reported C($0.10) earnings per share for the quarter. Largo had a negative net margin of 60.42% and a negative return on equity of 45.97%. The company had revenue of C$38.27 million during the quarter. Equities research analysts predict that Largo Inc. will post 0.1349206 earnings per share 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.