Largo (TSE:LGO) Trading Up 1.6% – Should You Buy?

Shares of Largo Inc. (TSE:LGO) rose 1.6% during mid-day trading on Tuesday . The stock traded as high as C$2.53 and last traded at C$2.49. Approximately 8,439 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 41,743 shares. The stock had previously closed at C$2.45.

Largo Stock Up 1.2 %

The firm has a market capitalization of C$161.56 million, a P/E ratio of -2.36, a price-to-earnings-growth ratio of -0.76 and a beta of 2.09. The company has a debt-to-equity ratio of 41.04, a current ratio of 2.13 and a quick ratio of 1.52. The stock has a fifty day moving average of C$2.88 and a 200 day moving average of C$2.68.

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.