Largo Inc. (LGO)Basic Materials | Other Industrial Metals & Mining | Toronto, Canada | NasdaqGS
0.42 USD
+0.00
(0.893%)
⇧
(Oct. 15, 2026, 12:50 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 5:58 a.m. EDT
Largo Inc. presents a severe fundamental trap disguised by aggressive analyst upgrades. The company is hemorrhaging cash, reporting negative gross and operating margins, and burning through free cash flow while carrying a debt load nearly 20 times its equity. Despite the 'strong buy' recommendation and a lofty $2.20 target price, the underlying business is deteriorating; revenue growth is likely propped up by one-off events or base effects, as the company recently announced plans to evaluate strategic alternatives for its core assets. The stock trades at a fraction of book value because the market correctly prices the risk of insolvency or forced liquidation. With no dividend to provide income and a technical structure showing heavy selling pressure, the only logical move is to stay away until the balance sheet stabilizes. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.138187 |
| AutoETS | 0.144553 |
| AutoTheta | 0.349860 |
| AutoARIMA | 0.374667 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 32% |
| H-stat | 0.86 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.005 |
| Excess Kurtosis | 0.81 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Debt to Equity Ratio | 81.958 |
| Revenue per Share | 1.52 |
| Market Cap | 48,089,308 |
| Forward P/E | 4.66 |
| Beta | 2.40 |
| Profit Margins | -64.59% |
| Previous Name | Largo Resources Ltd. |
| Website | https://www.largoinc.com |
As of Oct. 10, 2026, 5:58 a.m. EDT: Options activity shows a distinct lack of bullish positioning. Call volume is negligible across all expirations, with open interest concentrated in deep out-of-the-money strikes where liquidity is thin. Conversely, put activity is significant relative to call volume, particularly in the February 2027 expiration where substantial open interest exists at strikes far above the current price. This imbalance suggests speculators are hedging against further downside or betting on continued weakness rather than anticipating a recovery.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.6818182 |
| Address1 | First Canadian Place |
| Address2 | Suite 1600 100 King Street West |
| All Time High | 59.0 |
| All Time Low | 0.41 |
| Ask | 0.4327 |
| Ask Size | 5 |
| Audit Risk | 10 |
| Average Daily Volume10 Day | 1,068,410 |
| Average Daily Volume3 Month | 779,998 |
| Average Volume | 779,998 |
| Average Volume10Days | 1,068,410 |
| Beta | 2.395 |
| Bid | 0.4052 |
| Bid Size | 5 |
| Board Risk | 10 |
| Book Value | 1.284 |
| City | Toronto |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 7 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.4197 |
| Current Ratio | 0.535 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,790,726,400 |
| Day High | 0.4233 |
| Day Low | 0.401 |
| Debt To Equity | 81.958 |
| Display Name | Largo |
| Dividend Yield | 0.0 |
| Earnings Call Timestamp End | 1,787,317,200 |
| Earnings Call Timestamp Start | 1,787,317,200 |
| Earnings Timestamp End | 1,794,427,200 |
| Earnings Timestamp Start | 1,794,427,200 |
| Ebitda | -24,504,000 |
| Ebitda Margins | -0.19285 |
| Enterprise To Ebitda | -6.489 |
| Enterprise To Revenue | 1.251 |
| Enterprise Value | 159,002,752 |
| Eps Forward | 0.09 |
| Eps Trailing Twelve Months | -0.98 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 0.6394 |
| Fifty Day Average Change | -0.21970001 |
| Fifty Day Average Change Percent | -0.3436034 |
| Fifty Two Week Change Percent | -68.181816 |
| Fifty Two Week High | 1.93 |
| Fifty Two Week High Change | -1.5102999 |
| Fifty Two Week High Change Percent | -0.78253883 |
| Fifty Two Week Low | 0.401 |
| Fifty Two Week Low Change | 0.018700004 |
| Fifty Two Week Low Change Percent | 0.046633426 |
| Fifty Two Week Range | 0.401 - 1.93 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,272,288,600,000 |
| Float Shares | 69,925,883 |
| Forward Eps | 0.09 |
| Forward P E | 4.663333 |
| Free Cashflow | -62,447,248 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 500 |
| Fullday Change | 0.0036999881 |
| Fullday Change Percent | 0.89306974 |
| Fullday Price | 0.4197 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,790,812,800 |
| Gross Margins | -0.18527001 |
| Gross Profits | -23,541,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00377 |
| Held Percent Institutions | 0.43976003 |
| Implied Shares Outstanding | 114,580,190 |
| Industry | Other Industrial Metals & Mining |
| Industry Disp | Other Industrial Metals & Mining |
| Industry Key | other-industrial-metals-mining |
| Ipo Expected Date | 2,021-04-19 |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,615,161,600 |
| Last Split Factor | 1:10 |
| Long Business Summary | Largo Inc., together with its subsidiaries, produces, supplies, and sells vanadium and ilmenite products in Canada and internationally. It operates through six segments: Sales and Trading; Mine Properties; Corporate; Exploration and Evaluation Properties; Clean Energy; and Largo Physical Vanadium. The company offers vanadium pentoxide flakes and powder, vanadium trioxide powder, and ferrovanadium, as well as ilmenite concentrate; and vanadium flow battery electrolyte and technology. Its products are used in steel, aerospace, defense, chemical and catalysts, master alloys, and titanium dioxide production applications. The company was formerly known as Largo Resources Ltd. and changed its name to Largo Inc. in November 2021. Largo Inc. was incorporated in 1988 and is headquartered in Toronto, Canada. |
| Long Name | Largo Inc. |
| Market | us_market |
| Market Cap | 48,089,308 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_3473752 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-10-15 |
| Net Income To Common | -82,072,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 67,977,456 |
| Number Of Analyst Opinions | 2 |
| Open | 0.4151 |
| Operating Cashflow | -28,126,000 |
| Operating Margins | -0.096820004 |
| Overall Risk | 9 |
| Payout Ratio | 0.0 |
| Phone | 416 861 9797 |
| Prev Name | Largo Resources Ltd. |
| Previous Close | 0.416 |
| Price Hint | 4 |
| Price To Book | 0.32686916 |
| Price To Sales Trailing12 Months | 0.37846822 |
| Profit Margins | -0.64592004 |
| Quick Ratio | 0.113 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0036999881 |
| Regular Market Change Percent | 0.89306974 |
| Regular Market Day High | 0.4233 |
| Regular Market Day Low | 0.401 |
| Regular Market Day Range | 0.401 - 0.4233 |
| Regular Market Open | 0.4151 |
| Regular Market Previous Close | 0.416 |
| Regular Market Price | 0.4197 |
| Regular Market Time | 1,792,083,024 |
| Regular Market Volume | 481,463 |
| Return On Assets | -0.08238 |
| Return On Equity | -0.5263 |
| Revenue Growth | 0.685 |
| Revenue Per Share | 1.52 |
| Sand P52 Week Change | 0.16440773 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 114,580,190 |
| Shares Percent Shares Out | 0.051999997 |
| Shares Short | 5,960,395 |
| Shares Short Previous Month Date | 1,788,134,400 |
| Shares Short Prior Month | 3,875,952 |
| Short Name | Largo Inc. |
| Short Ratio | 6.53 |
| Source Interval | 15 |
| State | ON |
| Symbol | LGO |
| Target High Price | 2.4 |
| Target Low Price | 2.0 |
| Target Mean Price | 2.2 |
| Target Median Price | 2.2 |
| Total Cash | 5,103,000 |
| Total Cash Per Share | 0.049 |
| Total Debt | 114,249,000 |
| Total Revenue | 127,063,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.98 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 0.9877 |
| Two Hundred Day Average Change | -0.56799996 |
| Two Hundred Day Average Change Percent | -0.57507336 |
| Type Disp | Equity |
| Volume | 481,463 |
| Website | https://www.largoinc.com |
| Zip | M5X 1G5 |