Largo (TSE:LGO) Trading Up 1.3% – Here’s Why

Largo Inc. (TSE:LGOGet Free Report)’s stock price was up 1.3% during mid-day trading on Tuesday . The stock traded as high as C$2.41 and last traded at C$2.35. Approximately 9,658 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 24,964 shares. The stock had previously closed at C$2.32.

Largo Trading Up 1.3 %

The firm has a market cap of C$107.16 million, a price-to-earnings ratio of -2.17, a price-to-earnings-growth ratio of -0.76 and a beta of 2.09. The business has a 50 day moving average of C$2.60 and a 200 day moving average of C$2.68. The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 48.45.

About Largo

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Largo Inc is committed to the production and supply of high-quality vanadium products. The Company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, primarily in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder.

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