Largo Resources Stock Analysis

Largo Stock Analysis Notes

About 65.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 0.67. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Largo Resources recorded a loss per share of 0.76. The entity had not issued any dividends in recent years. The firm had 1:10 split on the 8th of March 2021. 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. To find out more about Largo Resources contact Paulo Misk at 416 861 9797 or learn more at https://www.largoinc.com.

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Largo Resources Environmental, Social, and Governance (ESG) Scores

Largo Stock Institutional Investors

Note, although Largo Resources' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Largo Market Capitalization

The company currently falls under 'Small-Cap' category with a total capitalization of 129.82 M.

Largo Profitablity

The company has Net Profit Margin of (0.34) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.36) %, which entails that for every $100 of revenue, it lost $0.36.

Management Efficiency

Largo Resources has Return on Asset of (0.08) % which means that on every $100 spent on assets, it lost $0.08. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.2199) %, 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. As of the 25th of November 2024, Return On Tangible Assets is likely to drop to -0.08. In addition to that, Return On Capital Employed is likely to drop to -0.04. At this time, Largo Resources' Total Current Assets are very stable compared to the past year. As of the 25th of November 2024, Other Current Assets is likely to grow to about 9.8 M, while Total Assets are likely to drop about 201.9 M.

Technical Drivers

As of the 25th of November, Largo Resources secures the Risk Adjusted Performance of 0.0458, downside deviation of 3.42, and Mean Deviation of 3.57. 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 Price Movement Analysis

Largo Resources Outstanding Bonds

Largo Resources Predictive Daily Indicators

Largo Resources Corporate Filings

Largo Resources Forecast Models

Largo Resources' time-series forecasting models are one of many Largo Resources' stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Largo Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Stock analysis is the technique used by a trader or investor to examine and evaluate how Largo Resources prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Largo shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Largo Resources. By using and applying Largo Stock analysis, traders can create a robust methodology for identifying Largo entry and exit points for their positions.

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Largo analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Largo analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.

Largo Resources stock analysis indicators help investors 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 understating and applying Largo Resources stock analysis, traders can identify Largo Resources position entry and exit signals to maximize returns.

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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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.

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.