Largo (LGO)

• Market cap: $113M
• 1 day: 0.00%
• 5 days: -4.84%
• 1 month: -12.38%
• 3 months: -9.23%
• 6 months: -0.56%
• Year to date: -0.56%
• 1 year: -31.66%
• 5 years: -89.25%
• 10 years: -89.25%

About: 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, predominantly in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder. The Company has six operating segments: sales & trading wich generates key revenue, mine properties, corporate, exploration and evaluation properties, Largo Clean Energy, and Largo Physical Vanadium.

Employees: 533

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

1,060% more call options, than puts

Call options by funds: $116K | Put options by funds: $10K

4% more capital invested

Capital invested by funds: $81.2M [Q2] → $84.3M (+$3.11M) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

0.13% less ownership

Funds ownership: 62.95% [Q2] → 62.82% (-0.13%) [Q3]

8% less funds holding

Funds holding: 39 [Q2] → 36 (-3) [Q3]

11% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 9

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $4.20 137% upside
• Avg. target: $4.20 137% upside
• High target: $4.20 137% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Heiko Ihle 51% 1-year accuracy 90 / 177 met price target

137% upside $4.20

Buy Reiterated

20 Dec 2024