Largo (TSE:LGO) Insider Luander Rodrigues Peixoto Sells 74,331 Shares

Largo Inc. (TSE:LGO) insider Luander Rodrigues Peixoto sold 74,331 shares of the firm’s stock in a transaction dated Monday, May 25th. The stock was sold at an average price of C$1.35, for a total value of C$100,346.85.

Largo Trading Down 0.7%

LGO traded down C$0.01 during midday trading on Tuesday, reaching C$1.34. 137,674 shares of the company were exchanged, compared to its average volume of 207,283. The company has a debt-to-equity ratio of 73.31, a quick ratio of 1.52 and a current ratio of 0.55. Largo Inc. has a one year low of C$1.23 and a one year high of C$3.71. The stock has a market capitalization of C$135.79 million, a P/E ratio of -1.43, a PEG ratio of -0.76 and a beta of 2.20. The stock’s 50-day simple moving average is C$1.62 and its 200 day simple moving average is C$1.67.

Largo (TSE:LGO) last issued its earnings results on Wednesday, May 13th. The company reported C($0.10) earnings per share (EPS) for the quarter. The company had revenue of C$38.27 million for the quarter. Largo had a negative return on equity of 45.97% and a negative net margin of 60.42%. As a group, analysts forecast that Largo Inc. will post 0.1349206 earnings per share for the current fiscal year.

Largo Company Profile

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.