Largo Resources Stock Net Income
| LGO Stock | CAD 2.02 0.35 20.96% |
As of the 9th of February, Largo Resources secures the Risk Adjusted Performance of 0.0861, mean deviation of 3.9, and Downside Deviation of 4.48. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Largo Resources, as well as the relationship between them.
Largo Resources Total Revenue |
|
Gross Profit | Profit Margin | Market Capitalization | Enterprise Value Revenue 1.9789 | Revenue |
| Last Reported | Projected for Next Year | ||
| Net Loss | -58.1 M | -55.2 M | |
| Net Loss | -58.1 M | -55.2 M | |
| Net Loss | -57.3 M | -54.4 M | |
| Net Loss | (0.72) | (0.76) | |
| Net Income Per E B T | 0.80 | 0.91 |
Largo | Net Income |
Evaluating Largo Resources's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Largo Resources's fundamental strength.
Latest Largo Resources' Net Income Growth Pattern
Below is the plot of the Net Income of Largo Resources over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Largo Resources financial statement analysis. It represents the amount of money remaining after all of Largo Resources operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Largo Resources' Net Loss historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Largo Resources' overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported (50.56 M) | 10 Years Trend |
|
Net Income |
| Timeline |
Largo Net Income Regression Statistics
| Arithmetic Mean | (11,122,914) | |
| Geometric Mean | 17,494,897 | |
| Coefficient Of Variation | (619.83) | |
| Mean Deviation | 38,237,375 | |
| Median | (25,343,674) | |
| Standard Deviation | 68,942,883 | |
| Sample Variance | 4753.1T | |
| Range | 325.6M | |
| R-Value | (0.08) | |
| Mean Square Error | 5035.9T | |
| R-Squared | 0.01 | |
| Significance | 0.75 | |
| Slope | (1,118,834) | |
| Total Sum of Squares | 76049.9T |
Largo Net Income History
Largo Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Largo Resources is extremely important. It helps to project a fair market value of Largo Stock properly, considering its historical fundamentals such as Net Income. Since Largo Resources' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Largo Resources' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Largo Resources' interrelated accounts and indicators.
Click cells to compare fundamentals
Largo Resources 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Largo Resources' stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Largo Resources.
| 11/11/2025 |
| 02/09/2026 |
If you would invest 0.00 in Largo Resources on November 11, 2025 and sell it all today you would earn a total of 0.00 from holding Largo Resources or generate 0.0% return on investment in Largo Resources over 90 days. Largo Resources is related to or competes with NextSource Materials, C3 Metals, Lithium Ionic, Defense Metals, Pulsar Helium, Panoro Minerals, and Lithium Chile. Largo Resources Ltd., a natural resource company, engages in the acquisition, exploration, development, and operation of... More
Largo Resources Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Largo Resources' stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Largo Resources upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.48 | |||
| Information Ratio | 0.0792 | |||
| Maximum Drawdown | 19.24 | |||
| Value At Risk | (7.61) | |||
| Potential Upside | 9.72 |
Largo Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Largo Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Largo Resources' standard deviation. In reality, there are many statistical measures that can use Largo Resources historical prices to predict the future Largo Resources' volatility.| Risk Adjusted Performance | 0.0861 | |||
| Jensen Alpha | 0.3413 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0924 | |||
| Treynor Ratio | 0.2583 |
Largo Resources February 9, 2026 Technical Indicators
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0861 | |||
| Market Risk Adjusted Performance | 0.2683 | |||
| Mean Deviation | 3.9 | |||
| Semi Deviation | 4.21 | |||
| Downside Deviation | 4.48 | |||
| Coefficient Of Variation | 1037.36 | |||
| Standard Deviation | 5.22 | |||
| Variance | 27.29 | |||
| Information Ratio | 0.0792 | |||
| Jensen Alpha | 0.3413 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0924 | |||
| Treynor Ratio | 0.2583 | |||
| Maximum Drawdown | 19.24 | |||
| Value At Risk | (7.61) | |||
| Potential Upside | 9.72 | |||
| Downside Variance | 20.05 | |||
| Semi Variance | 17.71 | |||
| Expected Short fall | (4.53) | |||
| Skewness | 0.8569 | |||
| Kurtosis | 2.75 |
Largo Resources Backtested Returns
Largo Resources appears to be dangerous, given 3 months investment horizon. Largo Resources has Sharpe Ratio of 0.0988, which conveys that the firm had a 0.0988 % return per unit of risk over the last 3 months. By analyzing Largo Resources' technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please exercise Largo Resources' Risk Adjusted Performance of 0.0861, mean deviation of 3.9, and Downside Deviation of 4.48 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Largo Resources holds a performance score of 7. The company secures a Beta (Market Risk) of 1.91, which conveys a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Largo Resources will likely underperform. Please check Largo Resources' semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Largo Resources' current price movements will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Largo Resources has insignificant reverse predictability. Overlapping area represents the amount of predictability between Largo Resources time series from 11th of November 2025 to 26th of December 2025 and 26th of December 2025 to 9th of February 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Largo Resources price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Largo Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Largo Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Largo Resources reported net income of (50.56 Million). This is 320.17% higher than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The net income for all Canada stocks is 108.86% higher than that of the company.
Largo Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Largo Resources' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Largo Resources could also be used in its relative valuation, which is a method of valuing Largo Resources by comparing valuation metrics of similar companies.Largo Resources is currently under evaluation in net income category among its peers.
Largo Fundamentals
| Return On Equity | -0.38 | ||||
| Return On Asset | -0.0232 | ||||
| Profit Margin | (0.57) % | ||||
| Operating Margin | (0.07) % | ||||
| Current Valuation | 303.63 M | ||||
| Shares Outstanding | 83.67 M | ||||
| Shares Owned By Insiders | 0.28 % | ||||
| Shares Owned By Institutions | 51.57 % | ||||
| Number Of Shares Shorted | 1.02 M | ||||
| Price To Earning | 7.69 X | ||||
| Price To Book | 0.95 X | ||||
| Price To Sales | 1.51 X | ||||
| Revenue | 124.92 M | ||||
| Gross Profit | 779 K | ||||
| EBITDA | (33.11 M) | ||||
| Net Income | (50.56 M) | ||||
| Cash And Equivalents | 78.22 M | ||||
| Cash Per Share | 0.14 X | ||||
| Total Debt | 17.5 M | ||||
| Debt To Equity | 0.11 % | ||||
| Current Ratio | 3.07 X | ||||
| Book Value Per Share | 2.79 X | ||||
| Cash Flow From Operations | 11.16 M | ||||
| Short Ratio | 10.23 X | ||||
| Earnings Per Share | (1.35) X | ||||
| Price To Earnings To Growth | (0.98) X | ||||
| Target Price | 3.0 | ||||
| Number Of Employees | 500 | ||||
| Beta | 1.94 | ||||
| Market Capitalization | 169.02 M | ||||
| Total Asset | 318.67 M | ||||
| Retained Earnings | (126.5 M) | ||||
| Working Capital | (20.97 M) | ||||
| Net Asset | 318.67 M |
About Largo Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Largo Resources's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Largo Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Largo Resources based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
| 0.75 | AG | First Majestic Silver | PairCorr |
| 0.74 | IE | Ivanhoe Energy | PairCorr |
| 0.74 | ORE | Orezone Gold Corp | PairCorr |
| 0.72 | FDY | Faraday Copper Corp | PairCorr |
Moving against Largo Stock
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.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 state. To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.