Insider Selling: Largo (TSE:LGO) Insider Sells 78,574 Shares of 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 stock was sold at an average price of C$1.39, for a total value of C$109,217.86.

Largo Price Performance

Largo stock traded down C$0.01 during trading hours on Tuesday, hitting C$1.34. 137,674 shares of the stock were exchanged, compared to its average volume of 207,283. 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 stock has a market capitalization of C$135.79 million, a P/E ratio of -1.43, a P/E/G ratio of -0.76 and a beta of 2.20. Largo Inc. has a 12 month low of C$1.23 and a 12 month high of C$3.71. The business’s 50-day moving average is C$1.62 and its two-hundred day moving average is C$1.67.

Largo (TSE:LGO) last issued its quarterly earnings data on Wednesday, May 13th. The company reported C($0.10) earnings per share for the quarter. The firm had revenue of C$38.27 million for the quarter. Largo had a negative return on equity of 45.97% and a negative net margin of 60.42%. Equities research analysts expect that Largo Inc. will post 0.1349206 EPS 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.