Luis Rendon - Largo Resources CoChief Officer

LGO Stock  USD 1.43  0.05  3.38%   

Executive

Luis Rendon is CoChief Officer of Largo Resources
Phone416 861 9797
Webhttps://www.largoinc.com

Largo Resources Management Efficiency

The company has Return on Asset of (0.0232) % which means that on every $100 spent on assets, it lost $0.0232. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.3841) %, meaning that it generated no profit with money invested by stockholders. 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.
Largo Resources has 17.5 M in debt with debt to equity (D/E) ratio of 0.06, which may show that the company is not taking advantage of profits from borrowing. Largo Resources has a current ratio of 2.9, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Nevertheless, prudent borrowing could serve as an effective mechanism for Largo to finance growth opportunities yielding strong returns.

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Largo Inc. engages in the development and sale of vanadium-based utility scale electrical energy storage systems in Canada. Largo Inc. was incorporated in 1988 and is headquartered in Toronto, Canada. Largo operates under Other Industrial Metals Mining classification in the United States and is traded on NASDAQ Exchange. It employs 478 people. Largo Resources (LGO) is traded on NASDAQ Exchange in USA 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.
David Harris, Corporate Controller
Diogo Silva, Chief Officer
Jesus Arias, CoCEO Chairman
Celio Pereira, Chief Brazil
Paulo Misk, CEO Pres
Paul Vollant, Director Trading
Gordon PEng, CoChief Officers
Jess Lpez, CoCEO Chairman
Kurt Menchen, Advisor
Luis Rendon, CoChief Officer
Alex Guthrie, Director Relations
Nilson Chaves, VP Brazil
Francesco DAlessio, President Energy
Liz Valente, General Secretary
Alvaro Resende, Production Director

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 together with Largo Stock

  0.79AACA AALBERTS INDPairCorr
  0.83CAV Carnavale Resources SplitPairCorr

Moving against Largo Stock

  0.66VA7A VERISK ANLYTCS A Earnings Call TomorrowPairCorr
  0.316RC REPROCELLPairCorr
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 census.
To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.
You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Will Diversified Metals & Mining sector continue expanding? Could Largo diversify its offerings? Factors like these will boost the valuation of Largo Resources. Expected growth trajectory for Largo significantly influences the price investors are willing to assign. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Largo Resources data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Investors evaluate Largo Resources using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Largo Resources' intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Largo Resources' market price to deviate significantly from intrinsic value.
Understanding that Largo Resources' value differs from its trading price is crucial, as each reflects different aspects of the company. Evaluating whether Largo Resources represents a sound investment requires analyzing earnings trends, revenue growth, technical signals, industry dynamics, and expert forecasts. Conversely, Largo Resources' market price signifies the transaction level at which participants voluntarily complete trades.