Largo Inc. (LGO)
Largo Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Toronto, ON, CA. The stock last traded at $0.53, down 22.72% on the session, giving a market capitalisation of $39.7M. On trailing twelve-month figures it carries a trailing P/E of -0.50, a net margin of -64.9%. Its beta of 2.36 implies it has historically moved more than the broad market.
Headquartered in Toronto, Canada, Largo Inc. specializes in vanadium-centric solutions. The company's primary focus involves developing and marketing utility-scale electrical energy storage systems, based on vanadium technology, within Canada. Its vanadium products, sourced from the Maracás Menchen Mine in Brazil, encompass a diverse range: VPURE+ flakes for master alloys and aerospace use; VPURE flakes, ferrovanadium, and vanadium carbon nitride crucial for the steel sector; and VPURE+ powder utilized in catalyst applications. Additionally, Largo offers renewable energy solutions through its Largo Clean Energy division. The company's operations are segmented into Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy. Established in 1988, the organization rebranded from Largo Resources Ltd. to Largo Inc. in November 2021.
Largo Inc. is most often compared with the following Basic Materials names: