Largo Resources Ltd., a natural resource company, engages in the acquisition, exploration, development, and operation of mining and exploration properties in Brazil and Canada. More Details
Exceptional growth potential with adequate balance sheet.
Share Price & News
How has Largo Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LGO is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 14% a week.
Volatility Over Time: LGO's weekly volatility (14%) has been stable over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: LGO exceeded the Canadian Metals and Mining industry which returned 33.7% over the past year.
Return vs Market: LGO exceeded the Canadian Market which returned 1.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Largo Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIf You Had Bought Largo Resources (TSE:LGO) Shares Five Years Ago You'd Have Earned 393% Returns
1 month ago | Simply Wall StLargo Resources Ltd. (TSE:LGO) Shares Could Be 36% Below Their Intrinsic Value Estimate
2 months ago | Simply Wall StDoes Largo Resources (TSE:LGO) Have A Healthy Balance Sheet?
Is Largo Resources undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: LGO (CA$1.88) is trading below our estimate of fair value (CA$1.98)
Significantly Below Fair Value: LGO is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: LGO is unprofitable, so we can't compare its PE Ratio to the CA Metals and Mining industry average.
PE vs Market: LGO is unprofitable, so we can't compare its PE Ratio to the Canadian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate LGO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: LGO is overvalued based on its PB Ratio (3.7x) compared to the CA Metals and Mining industry average (3x).
How is Largo Resources forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LGO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.5%).
Earnings vs Market: LGO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: LGO's is expected to become profitable in the next 3 years.
Revenue vs Market: LGO's revenue (28.1% per year) is forecast to grow faster than the Canadian market (8% per year).
High Growth Revenue: LGO's revenue (28.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LGO's Return on Equity is forecast to be high in 3 years time (26.5%)
How has Largo Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LGO is currently unprofitable.
Growing Profit Margin: LGO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: LGO is unprofitable, but has reduced losses over the past 5 years at a rate of 44% per year.
Accelerating Growth: Unable to compare LGO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: LGO is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (78.3%).
Return on Equity
High ROE: LGO has a negative Return on Equity (-2.08%), as it is currently unprofitable.
How is Largo Resources's financial position?
Financial Position Analysis
Short Term Liabilities: LGO's short term assets ($128.1M) exceed its short term liabilities ($43.4M).
Long Term Liabilities: LGO's short term assets ($128.1M) exceed its long term liabilities ($5.9M).
Debt to Equity History and Analysis
Debt Level: LGO's debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: LGO's debt to equity ratio has reduced from 323.4% to 11.1% over the past 5 years.
Debt Coverage: LGO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LGO is unprofitable, therefore interest payments are not well covered by earnings.
What is Largo Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate LGO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate LGO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if LGO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if LGO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of LGO's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Paulo Misk (57 yo)
Mr. Paulo Guimarães Misk serves as Chief Executive Officer and Director of Largo Resources Ltd. since September 8, 2019. Mr. Misk is the President of Largo Resources Ltd. since October 2018 and served as i...
CEO Compensation Analysis
Compensation vs Market: Paulo's total compensation ($USD990.66K) is about average for companies of similar size in the Canadian market ($USD1.18M).
Compensation vs Earnings: Paulo's compensation has increased whilst the company is unprofitable.
|Chief Financial Officer||7.33yrs||US$771.13k||0.053% |
|Production Director||no data||US$301.72k||no data|
|Corporate Controller||no data||US$416.41k||no data|
|Vice President of Finance & Administration - Brazil||4.75yrs||US$615.90k||0.066% |
|Manager of Investor Relations & Communications||no data||no data||no data|
|Director of Sales & Trading||1.33yrs||no data||no data|
|Head of Sales - Americas||1.25yrs||no data||no data|
Experienced Management: LGO's management team is considered experienced (3 years average tenure).
|Independent Director||8.58yrs||US$132.61k||0.054% |
|Independent Non-Executive Chairman||1.33yrs||US$151.40k||0.016% |
|Independent Director||5.5yrs||US$148.51k||no data|
|Independent Director||5.5yrs||US$178.04k||no data|
|Independent Director||1.75yrs||US$22.83k||no data|
Experienced Board: LGO's board of directors are considered experienced (3.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: LGO insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.3%.
Largo Resources Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Largo Resources Ltd.
- Ticker: LGO
- Exchange: TSX
- Founded: 1988
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: CA$1.119b
- Shares outstanding: 595.22m
- Website: https://www.largoresources.com
Number of Employees
- Largo Resources Ltd.
- 55 University Avenue
- Suite 1105
- M5J 2H7
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|LGO||TSX (The Toronto Stock Exchange)||Yes||Common Shares||CA||CAD||Mar 1990|
|LR81||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Mar 1990|
|LGOR.F||OTCPK (Pink Sheets LLC)||Yes||Common Shares||US||USD||Mar 1990|
Largo Resources Ltd., a natural resource company, engages in the acquisition, exploration, development, and operation of mining and exploration properties in Brazil and Canada. It primarily explores for va...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/01/23 23:16|
|End of Day Share Price||2021/01/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.