Luis Rendon - Largo Resources CoChief Officer

LGO Stock  CAD 1.31  0.02  1.55%   

Executive

Luis Rendon is CoChief Officer of Largo Resources
Address 1 First Canadian Place, Toronto, ON, Canada, M5X 1G5
Phone416 861 9797
Webhttps://www.largoinc.com

Largo Resources Management Efficiency

The company has return on total asset (ROA) of (0.0232) % which means that it has lost $0.0232 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.3841) %, meaning that it generated substantial loss on money invested by shareholders. Largo Resources' management efficiency ratios could be used to measure how well Largo Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 1st of January 2026, Return On Tangible Assets is likely to drop to -0.17. In addition to that, Return On Capital Employed is likely to grow to -0.22. At this time, Largo Resources' Other Assets are very stable compared to the past year. As of the 1st of January 2026, Non Currrent Assets Other is likely to grow to about 31.8 M, while Total Assets are likely to drop about 207.4 M.
Largo Resources has accumulated 17.5 M in total debt with debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from borrowing. Largo Resources has a current ratio of 3.01, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Largo Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Largo Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Largo Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Largo to invest in growth at high rates of return. When we think about Largo Resources' use of debt, we should always consider it together with cash and equity.

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Largo Resources Ltd., a natural resource company, engages in the acquisition, exploration, development, and operation of mining and exploration properties in Brazil and Canada. Largo Resources Ltd. was incorporated in 1988 and is headquartered in Toronto, Canada. LARGO RESOURCES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 379 people. Largo Resources (LGO) is traded on Toronto Exchange in Canada and employs 500 people. Largo Resources is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Largo Resources Leadership Team

Elected by the shareholders, the Largo Resources' board of directors comprises two types of representatives: Largo Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Largo. The board's role is to monitor Largo Resources' management team and ensure that shareholders' interests are well served. Largo Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Largo Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ernest Cleave, Chief Financial Officer
Koko Yamamoto, Independent Director
David Harris, Corporate Controller
Diogo Silva, Chief Officer
Jesus Arias, CoCEO Chairman
Celio Pereira, Chief Brazil
Paulo Misk, President, Chief Executive Officer, Director
Paul Vollant, Director Trading
Gordon PEng, CoChief Officers
Jonathan Lee, Independent Director
Kurt Menchen, Advisor
Luis Rendon, CoChief Officer
Alex Guthrie, Director Relations
Mark Smith, Chief Executive Officer, Director
Daniel Tellechea, Independent Director
Nilson Chaves, Vice President - Finance and Administration, Vanadio
David Brace, Independent Director
Francesco DAlessio, President Energy
Alvaro Resende, Production Director
Liz Valente, General Secretary
Alberto Arias, Non-Executive Independent Chairman of the Board

Largo Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Largo Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Largo Resources

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Largo Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Largo Resources will appreciate offsetting losses from the drop in the long position's value.

Moving against Largo Stock

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The ability to find closely correlated positions to Largo Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Largo Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Largo Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Largo Resources to buy it.
The correlation of Largo Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Largo Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Largo Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Largo Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Largo Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Largo Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Largo Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Largo Resources Stock:
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 employment.
To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
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.