Largo (LGO) to Release Quarterly Earnings on Tuesday

Largo (NYSE:LGO) is scheduled to be issuing its quarterly earnings data after the market closes on Tuesday, November 12th.

Largo (NYSE:LGO) last posted its earnings results on Thursday, August 8th. The company reported ($0.23) earnings per share (EPS) for the quarter. The company had revenue of $28.56 million for the quarter. Largo had a negative return on equity of 21.87% and a negative net margin of 33.12%. On average, analysts expect Largo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Largo Stock Performance

Shares of LGO stock opened at $2.39 on Friday. Largo has a 52 week low of $1.38 and a 52 week high of $2.84. The company has a market capitalization of $153.22 million, a price-to-earnings ratio of -2.88 and a beta of 1.75. The company has a 50-day simple moving average of $1.99 and a 200 day simple moving average of $1.91. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.23 and a current ratio of 2.13.

Analyst Ratings Changes

Separately, HC Wainwright restated a “buy” rating and set a $4.40 price objective on shares of Largo in a report on Tuesday, October 22nd.

About Largo

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.