Largo Inc. (LGO.TO)
Largo Inc. operates in the Industrial Materials industry of the Basic Materials sector, headquartered in Toronto, ON, CA. The stock last traded at $1.05, down 1.87% on the session, giving a market capitalisation of $78.0M. Its beta of 2.31 implies it has historically moved more than the broad market.
Headquartered in Toronto, Canada, Largo Inc. is an enterprise established in 1988 that specializes in the creation and distribution of advanced, vanadium-centric electrical energy storage solutions for large-scale utility applications, primarily within Canada. The company manages its operations through five key divisions: Sales & Trading, Mine Properties, Corporate functions, Exploration and Evaluation Properties, and Largo Clean Energy, which additionally provides renewable energy services. Its comprehensive range of vanadium products, derived from the Maracás Menchen Mine in Brazil, includes VPURE+ vanadium flakes for master alloys and aerospace applications, VPURE vanadium flakes and vanadium carbon nitride crucial for the steel sector, and VPURE+ vanadium powder utilized in catalyst production. Previously operating as Largo Resources Ltd., the company officially rebranded as Largo Inc. in November 2021.
Largo Inc. is most often compared with the following Basic Materials names: