Largo Resources Stock Price on August 16, 2024
| LGO Stock | USD 2.17 0.10 4.83% |
Below is the normalized historical share price chart for Largo Resources extending back to March 07, 2005. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Largo Resources stands at 2.17, as last reported on the 27th of November, with the highest price reaching 2.19 and the lowest price hitting 2.05 during the day.
If you're considering investing in Largo Stock, it is important to understand the factors that can impact its price. Largo Resources appears to be dangerous, given 3 months investment horizon. Largo Resources has Sharpe Ratio of 0.0547, which conveys that the firm had a 0.0547% return per unit of risk over the last 3 months. We have found thirty technical indicators for Largo Resources, which you can use to evaluate the volatility of the firm. Please exercise Largo Resources' Downside Deviation of 3.42, risk adjusted performance of 0.0371, and Mean Deviation of 3.48 to check out if our risk estimates are consistent with your expectations.
At this time, Largo Resources' Total Stockholder Equity is very stable compared to the past year. As of the 27th of November 2024, Common Stock Shares Outstanding is likely to grow to about 67.2 M, while Liabilities And Stockholders Equity is likely to drop about 201.9 M. . At this time, Largo Resources' Price To Operating Cash Flows Ratio is very stable compared to the past year. As of the 27th of November 2024, Price Cash Flow Ratio is likely to grow to 7.29, while Price To Sales Ratio is likely to drop 0.70. Largo Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 13th of July 2007 | 200 Day MA 1.8692 | 50 Day MA 2.0476 | Beta 2.082 |
Largo |
Sharpe Ratio = 0.0547
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Estimated Market Risk
| 4.64 actual daily | 41 59% of assets are more volatile |
Expected Return
| 0.25 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.05 actual daily | 4 96% of assets perform better |
Based on monthly moving average Largo Resources is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Largo Resources by adding it to a well-diversified portfolio.
Price Book 0.7194 | Enterprise Value Ebitda 35.512 | Price Sales 0.967 | Shares Float 35.9 M | Wall Street Target Price 4.2 |
Largo Resources Valuation on August 16, 2024
It is possible to determine the worth of Largo Resources on a given historical date. On August 16, 2024 Largo was worth 1.66 at the beginning of the trading date compared to the closed value of 1.77. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Largo Resources stock. Still, in general, we apply an absolute valuation method to find Largo Resources' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Largo Resources where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Largo Resources' related companies.
| Open | High | Low | Close | Volume | |
| 1.61 | 1.74 | 1.61 | 1.68 | 136,964 | |
08/16/2024 | 1.66 | 1.77 | 1.66 | 1.77 | 39,148 |
| 1.77 | 1.88 | 1.76 | 1.83 | 109,845 |
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Largo Resources Trading Date Momentum on August 16, 2024
| On August 19 2024 Largo Resources was traded for 1.83 at the closing time. Highest Largo Resources's price during the trading hours was 1.88 and the lowest price during the day was 1.76 . The net volume was 109.8 K. The overall trading history on the 19th of August contributed to the next trading period price boost. The trading delta at closing time to the next next day price was 3.39% . The trading delta at closing time to current price is 15.25% . |
Largo Resources Fundamentals Correlations and Trends
By evaluating Largo Resources' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Largo Resources' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Largo financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Largo Resources Stock history
Largo Resources investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Largo is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Largo Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Largo Resources stock prices may prove useful in developing a viable investing in Largo Resources
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 64 M | 67.2 M | |
| Net Loss | -1.3 M | -1.2 M |
Largo Resources Quarterly Net Working Capital |
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Largo Resources Stock Technical Analysis
Largo Resources technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Largo Resources Period Price Range
Low | November 27, 2024
| High |
0.00 | 0.00 |
Largo Resources cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Largo Resources November 27, 2024 Market Strength
Market strength indicators help investors to evaluate how Largo Resources stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Largo Resources shares will generate the highest return on investment. By undertsting and applying Largo Resources stock market strength indicators, traders can identify Largo Resources entry and exit signals to maximize returns
Largo Resources Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Largo Resources' price direction in advance. Along with the technical and fundamental analysis of Largo Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Largo to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0371 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.57) | |||
| Sortino Ratio | 0.013 | |||
| Treynor Ratio | 0.1057 |
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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Largo Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Largo Resources. If investors know Largo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Largo Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.153 | Earnings Share (0.76) | Revenue Per Share 2.26 | Quarterly Revenue Growth (0.32) | Return On Assets (0.08) |
The market value of Largo Resources is measured differently than its book value, which is the value of Largo that is recorded on the company's balance sheet. Investors also form their own opinion of Largo Resources' value that differs from its market value or its book value, called intrinsic value, which is Largo Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Largo Resources' market value can be influenced by many factors that don't directly affect Largo Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Largo Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Largo Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Largo Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.