Largo (LGO) Scheduled to Post Quarterly Earnings on Friday

Largo (NYSE:LGO) is scheduled to announce its earnings results after the market closes on Friday, May 10th.

Largo (NYSE:LGO) last issued its earnings results on Thursday, March 21st. The company reported ($0.21) earnings per share for the quarter. Largo had a negative return on equity of 12.02% and a negative net margin of 16.29%. The business had revenue of $44.17 million for the quarter. On average, analysts expect Largo to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Largo Price Performance

Shares of NYSE LGO opened at $1.56 on Thursday. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.78 and a current ratio of 3.23. Largo has a fifty-two week low of $1.38 and a fifty-two week high of $5.40. The firm has a market capitalization of $99.92 million, a PE ratio of -3.06 and a beta of 1.68. The stock’s 50-day simple moving average is $1.64 and its 200-day simple moving average is $1.97.

Wall Street Analysts Forecast Growth

Separately, HC Wainwright lifted their price target on Largo from $4.60 to $4.70 and gave the stock a “buy” rating in a research report on Wednesday, May 1st.

Largo Company Profile

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.