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

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

Largo Price Performance

TSE LGO opened at C$1.33 on Thursday. The company has a current ratio of 0.55, a quick ratio of 1.52 and a debt-to-equity ratio of 73.31. The company has a market cap of C$134.78 million, a price-to-earnings ratio of -1.41, a PEG ratio of -0.76 and a beta of 2.20. The company has a 50 day moving average of C$1.61 and a 200-day moving average of C$1.66. Largo Inc. has a 1-year low of C$1.23 and a 1-year high of C$3.71.

Largo (TSE:LGO) last issued its quarterly 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. On average, equities research analysts expect that Largo Inc. will post 0.1349206 earnings per share for the current fiscal 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.