Diogo De Araujo Silva Sells 78,574 Shares of Largo (TSE:LGO) Stock

Largo Inc. (TSE:LGO) insider Diogo De Araujo Silva sold 78,574 shares of the business’s stock in a transaction on Monday, May 25th. The shares were sold at an average price of C$1.39, for a total transaction of C$109,217.86.

Largo Stock Performance

Largo stock traded down C$0.01 on Tuesday, hitting C$1.34. The company’s stock had a trading volume of 137,674 shares, compared to its average volume of 207,283. The firm has a market cap of C$135.79 million, a P/E ratio of -1.43, a price-to-earnings-growth ratio of -0.76 and a beta of 2.20. The company has a quick ratio of 1.52, a current ratio of 0.55 and a debt-to-equity ratio of 73.31. The company has a fifty day moving average price of C$1.62 and a 200-day moving average price of C$1.67. Largo Inc. has a one year low of C$1.23 and a one year high of C$3.71.

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

About Largo

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.