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

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

Largo Stock Performance

LGO opened at C$1.33 on Wednesday. Largo Inc. has a 52-week low of C$1.23 and a 52-week high of C$3.71. The firm has a market capitalization of C$134.78 million, a PE ratio of -1.41, a PEG ratio of -0.76 and a beta of 2.20. The company has a debt-to-equity ratio of 73.31, a quick ratio of 1.52 and a current ratio of 0.55. The business’s 50-day simple moving average is C$1.61 and its 200 day simple moving average is C$1.67.

Largo (TSE:LGO) last released its earnings results on Wednesday, May 13th. The company reported C($0.10) earnings per share (EPS) for the quarter. Largo had a negative return on equity of 45.97% and a negative net margin of 60.42%.The company had revenue of C$38.27 million for the quarter. As a group, sell-side analysts expect 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.