Largo Resources (TSE:LGO) Hits New 52-Week Low at $1.24
Largo Resources Ltd (TSE:LGO)’s stock price hit a new 52-week low during trading on Friday . The stock traded as low as C$1.24 and last traded at C$1.24, with a volume of 169755 shares changing hands. The stock had previously closed at C$1.29.
The company has a debt-to-equity ratio of 8.07, a current ratio of 1.83 and a quick ratio of 1.63. The stock has a market cap of $701.75 million and a P/E ratio of 4.73. The company’s 50 day simple moving average is C$1.41 and its 200 day simple moving average is C$1.62.
Largo Resources (TSE:LGO) last issued its earnings results on Tuesday, August 13th. The company reported C($0.04) EPS for the quarter. The business had revenue of C$29.46 million for the quarter. On average, equities research analysts predict that Largo Resources Ltd will post 0.24 earnings per share for the current year.
Largo Resources Ltd., a natural resource development and exploration company, engages in the acquisition, exploration, and development of mining and exploration properties located in Brazil and Canada. The company primarily explores for vanadium, iron, tungsten, molybdenum, chromite, palladium, and platinum group metals.
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