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1 Comment
Largo Resources Ltd is currently in a long term uptrend where the price is trading 299.3% above its 200 day moving average.
From a valuation standpoint, the stock is 97.2% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 6.9.
Largo Resources Ltd's total revenue rose by 55.4% to $42M since the same quarter in the previous year.
Its net income has increased by 267.5% to $7M since the same quarter in the previous year.
Finally, its free cash flow fell by 107.7% to $-329K since the same quarter in the previous year.
Based on the above factors, Largo Resources Ltd gets an overall score of 4/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
ISIN | None |
Market Cap | 75M |
---|---|
PE Ratio | None |
Target Price | None |
Beta | 1.89 |
Dividend Yield | None |
Largo Resources Ltd., a natural resource company, engages in the acquisition, exploration, development, and operation of mining and exploration properties in Brazil and Canada. It primarily explores for vanadium, iron, tungsten, and molybdenum deposits. The company holds 99.94% interest in the Maracás Menchen mine covering an area of 17,690 hectares located in the eastern Bahia State of Brazil. It also holds 100% interest in the Campo Alegre de Lourdes project, an iron vanadium property in Bahia, Brazil; the Currais Novos, a tungsten project in Brazil; and the Northern Dancer project, a tungsten and molybdenum property in Yukon, Canada. The company was formerly known as Consolidated Kaitone Holdings Ltd. and changed its name to Largo Resources Ltd. in June 2004. Largo Resources Ltd. was incorporated in 1988 and is headquartered in Toronto, Canada.
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