Insider Selling: Largo (TSE:LGO) Insider Sells C$109,217.86 in Stock

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

Largo Price Performance

Shares of TSE:LGO opened at C$1.31 on Friday. Largo Inc. has a 12-month low of C$1.23 and a 12-month high of C$3.71. 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 market cap of C$132.75 million, a P/E ratio of -1.39, a price-to-earnings-growth ratio of -0.76 and a beta of 2.20. The company’s fifty day moving average is C$1.60 and its two-hundred day moving average is C$1.66.

Largo (TSE:LGO) last posted its quarterly earnings results on Wednesday, May 13th. The company reported C($0.10) earnings per share for the quarter. The company had revenue of C$38.27 million during the quarter. Largo had a negative return on equity of 45.97% and a negative net margin of 60.42%. Equities 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.