LGO : Largo Resources Ltd Stock Profile

Last Updated: 3/12/2024 0:47:16

Largo Resources Ltd trades with the ticker LGO on the TSX and is in the Other Industrial Metals & Mining industry.

Overview
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. The company offers renewable energy storage solutions through Largo Clean Energy. Its products are sourced from vanadium deposits at the Maracás Menchen Mine in Brazil. The company was formerly known as Largo Resources Ltd. and changed its name to Largo Inc. in November 2021. Largo Inc. was incorporated in 1988 and is headquartered in Toronto, Canada.
 

Looking to invest in Largo Resources Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

LGO.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $150.52MM

PE Ratio:

Price: 1.78 (Updated: 3/12/2024 0:47:16)



Largo Resources Ltd (LGO) vs Competitors in Other Industrial Metals & Mining

Lets see how LGO.TO stacks up against others in the Other Industrial Metals & Mining asset management industry. We have identified its main peers as:

Almonty Industries Inc, Altius Minerals Corporation, Aquila Resources Inc, Ascendant Resources Inc, Auryn Resources Inc

.

Other Industrial Metals & Mining Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Almonty Industries Inc (AII) $142.672 N/A -183.262 N/A%
Altius Minerals Corporation (ALS) $888.413 49.658 16.638 1.7%
Aquila Resources Inc (AQA) $28.861 N/A 0.0 0.0%
Ascendant Resources Inc (ASND) $12.396 0.75 3.873 N/A%
Auryn Resources Inc (AUG) $347.59 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Other Industrial Metals & Mining

  • Largo Resources Ltd (LGO) vs Almonty Industries Inc (AII)
    • AII has higher EPS (-0.04 vs -0.72). AII and LGO both have P/E’s under 0.
  • Largo Resources Ltd (LGO) vs Altius Minerals Corporation (ALS)
    • ALS has higher EPS (0.38 vs -0.72). ALS provides dividends, while LGO does not. LGO has a P/E under 0, indicating ALS (P/E 49.658) is in a better position.
  • Largo Resources Ltd (LGO) vs Aquila Resources Inc (AQA)
    • AQA has higher EPS (-0.024 vs -0.72). AQA provides dividends, while LGO does not. AQA and LGO both have P/E’s under 0.
  • Largo Resources Ltd (LGO) vs Ascendant Resources Inc (ASND)
    • ASND has higher EPS (0.08 vs -0.72). LGO has a P/E under 0, indicating ASND (P/E 0.75) is in a better position.
  • Largo Resources Ltd (LGO) vs Auryn Resources Inc (AUG)
    • AUG has higher EPS (-0.185 vs -0.72). AUG provides dividends, while LGO does not. AUG and LGO both have P/E’s under 0.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Features a lower EV/EBITDA ratio (-198.66) than the industry average (-18.74), indicating attractive valuation.
 

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You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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