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Largo TSX:LGO Stock Report

Last Price

CA$2.94

Market Cap

CA$197.5m

7D

5.4%

1Y

6.5%

Updated

27 Nov, 2024

Data

Company Financials +

Largo Inc.

TSX:LGO Stock Report

Market Cap: CA$197.5m

LGO Stock Overview

Engages in the development and sale of vanadium-based energy storage systems in Canada. More details

LGO fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance0/6
Financial Health3/6
Dividends0/6

Rewards

Trading at 76.3% below our estimate of its fair value

Revenue is forecast to grow 20.51% per year

Risk Analysis

Earnings have declined by 44.3% per year over past 5 years

Has less than 1 year of cash runway


Largo Inc. Competitors

Amerigo Resources

TSX:ARG

CA$283.5m

Sierra Metals

TSX:SMT

CA$141.9m

Almonty Industries

TSX:AII

CA$230.2m

Foraco International

TSX:FAR

CA$215.7m

Price History & Performance

Summary of all time highs, changes and price drops for Largo
Historical stock prices
Current Share PriceCA$2.94
52 Week HighCA$3.92
52 Week LowCA$1.89
Beta2.08
11 Month Change-11.98%
3 Month Change10.11%
1 Year Change6.52%
33 Year Change-75.38%
5 Year Change-70.89%
Change since IPO-99.20%

Recent News & Updates

Largo Inc.'s (TSE:LGO) Price Is Right But Growth Is Lacking After Shares Rocket 33%

Oct 29
Largo Inc.'s (TSE:LGO) Price Is Right But Growth Is Lacking After Shares Rocket 33%

Largo Inc. (TSE:LGO) Looks Inexpensive But Perhaps Not Attractive Enough

Sep 10
Largo Inc. (TSE:LGO) Looks Inexpensive But Perhaps Not Attractive Enough

Time To Worry? Analysts Just Downgraded Their Largo Inc. (TSE:LGO) Outlook

Aug 14
Time To Worry? Analysts Just Downgraded Their Largo Inc. (TSE:LGO) Outlook

Recent updates

Largo Inc.'s (TSE:LGO) Price Is Right But Growth Is Lacking After Shares Rocket 33%

Oct 29
Largo Inc.'s (TSE:LGO) Price Is Right But Growth Is Lacking After Shares Rocket 33%

Largo Inc. (TSE:LGO) Looks Inexpensive But Perhaps Not Attractive Enough

Sep 10
Largo Inc. (TSE:LGO) Looks Inexpensive But Perhaps Not Attractive Enough

Time To Worry? Analysts Just Downgraded Their Largo Inc. (TSE:LGO) Outlook

Aug 14
Time To Worry? Analysts Just Downgraded Their Largo Inc. (TSE:LGO) Outlook

Largo Inc.'s (TSE:LGO) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

May 23
Largo Inc.'s (TSE:LGO) Share Price Boosted 25% But Its Business Prospects Need A Lift Too

Here's Why Largo (TSE:LGO) Can Afford Some Debt

May 07
Here's Why Largo (TSE:LGO) Can Afford Some Debt

Investors Aren't Buying Largo Inc.'s (TSE:LGO) Revenues

Mar 26
Investors Aren't Buying Largo Inc.'s (TSE:LGO) Revenues

Largo (TSE:LGO) Is Carrying A Fair Bit Of Debt

Aug 11
Largo (TSE:LGO) Is Carrying A Fair Bit Of Debt

Capital Allocation Trends At Largo (TSE:LGO) Aren't Ideal

May 18
Capital Allocation Trends At Largo (TSE:LGO) Aren't Ideal

Here's Why Largo (TSE:LGO) Has A Meaningful Debt Burden

Apr 27
Here's Why Largo (TSE:LGO) Has A Meaningful Debt Burden

Largo (TSE:LGO) Has A Somewhat Strained Balance Sheet

Jan 07
Largo (TSE:LGO) Has A Somewhat Strained Balance Sheet

Investors Will Want Largo's (TSE:LGO) Growth In ROCE To Persist

Oct 13
Investors Will Want Largo's (TSE:LGO) Growth In ROCE To Persist

We Think Largo (TSE:LGO) Can Stay On Top Of Its Debt

Jul 31
We Think Largo (TSE:LGO) Can Stay On Top Of Its Debt

The Return Trends At Largo (TSE:LGO) Look Promising

Jun 14
The Return Trends At Largo (TSE:LGO) Look Promising

Is Largo (TSE:LGO) A Risky Investment?

Apr 07
Is Largo (TSE:LGO) A Risky Investment?

Largo (TSE:LGO) Might Have The Makings Of A Multi-Bagger

Mar 02
Largo (TSE:LGO) Might Have The Makings Of A Multi-Bagger

Is Largo (TSE:LGO) Using Too Much Debt?

Dec 24
Is Largo (TSE:LGO) Using Too Much Debt?

Returns On Capital Are Showing Encouraging Signs At Largo Resources (TSE:LGO)

Nov 11
Returns On Capital Are Showing Encouraging Signs At Largo Resources (TSE:LGO)

Shareholder Returns

LGOCA Metals and MiningCA Market
7D5.4%-0.6%1.0%
1Y6.5%25.4%23.0%

Return vs Industry: LGO underperformed the Canadian Metals and Mining industry which returned 25.4% over the past year.

Return vs Market: LGO underperformed the Canadian Market which returned 23% over the past year.

Price Volatility

Is LGO's price volatile compared to industry and market?
LGO volatility
LGO Average Weekly Movement11.3%
Metals and Mining Industry Average Movement10.5%
Market Average Movement8.4%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.0%

Stable Share Price: LGO has not had significant price volatility in the past 3 months compared to the Canadian market.

Volatility Over Time: LGO's weekly volatility (11%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1988533Daniel Tellecheawww.largoinc.com

Largo Inc. engages in the development and sale of vanadium-based energy storage systems in Canada. The company operates through, Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy and Largo Physical Vanadium Segments. 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.

Largo Inc. Fundamentals Summary

How do Largo's earnings and revenue compare to its market cap?
LGO fundamental statistics
Market capCA$197.46m
Earnings (TTM)-CA$68.54m
Revenue (TTM)CA$203.17m

0.9x

P/S Ratio

-2.7x

P/E Ratio

Is LGO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LGO income statement (TTM)
RevenueUS$144.82m
Cost of RevenueUS$154.77m
Gross Profit-US$9.95m
Other ExpensesUS$38.90m
Earnings-US$48.86m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.76
Gross Margin-6.87%
Net Profit Margin-33.74%
Debt/Equity Ratio46.9%

How did LGO perform over the long term?

See historical performance and comparison