Largo (TSE:LGO) Trading Down 0.9% – Time to Sell?

Largo Inc. (TSE:LGOGet Free Report) fell 0.9% during mid-day trading on Monday . The company traded as low as C$1.99 and last traded at C$2.09. 211,547 shares were traded during trading, a decline of 9% from the average session volume of 232,136 shares. The stock had previously closed at C$2.11.

Largo Stock Performance

The firm has a market cap of C$174.88 million, a price-to-earnings ratio of -2.12, a price-to-earnings-growth ratio of -0.76 and a beta of 1.99. The stock’s 50 day moving average is C$1.90 and its 200 day moving average is C$1.86. The company has a current ratio of 0.50, a quick ratio of 1.52 and a debt-to-equity ratio of 81.40.

About Largo

(Get Free Report)

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.

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