Largo Inc. (LGO)Basic Materials | Other Industrial Metals & Mining | Toronto, Canada | NasdaqGS
0.69 USD
+0.02
(2.986%)
⇧
(July 14, 2026, 9:59 a.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 5:33 a.m. EDT
Largo Inc. presents a classic value trap scenario where a 'Strong Buy' analyst recommendation clashes violently with deteriorating reality. While the company secured a significant $125M vanadium deal, the financials tell a different story: the business is burning cash with negative free cash flow, negative operating margins, and a crushing debt load relative to equity. The stock has been in a relentless multi-year decline, dropping over 60% from its peak, with four consecutive years of negative annual returns. This persistent downward trajectory confirms that the market has already priced out the business quality, viewing the recent contracts as insufficient to reverse the structural damage. With no dividend to provide income and a balance sheet that appears fragile under pressure, the risk-reward profile remains skewed heavily toward the downside despite the optimistic headlines. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.165424 |
| AutoARIMA | 0.294912 |
| AutoETS | 0.294918 |
| MSTL | 0.312511 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 33% |
| H-stat | 19.38 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.397 |
| Excess Kurtosis | -0.77 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Debt to Equity Ratio | 69.663 |
| Revenue per Share | 1.47 |
| Market Cap | 69,922,432 |
| Forward P/E | 7.67 |
| Beta | 2.30 |
| Profit Margins | -60.27% |
| Previous Name | Largo Resources Ltd. |
| Website | https://www.largoinc.com |
As of July 11, 2026, 5:33 a.m. EDT: Options activity reveals a distinct defensive posture rather than speculative bullishness. Put volume and open interest significantly outweigh call volume across nearly all expirations, with heavy concentration in strikes around $1.00 and $1.50. This distribution suggests market participants are positioning for further downside or seeking protection against volatility, rather than betting on an immediate recovery. The implied volatility is generally low, indicating a lack of aggressive hedging or speculation.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.5109489 |
| Address1 | First Canadian Place |
| Address2 | Suite 1600 100 King Street West |
| All Time High | 59.0 |
| All Time Low | 0.62 |
| Ask | 0.8828 |
| Ask Size | 2 |
| Audit Risk | 9 |
| Average Analyst Rating | 1.0 - Strong Buy |
| Average Daily Volume10 Day | 6,193,280 |
| Average Daily Volume3 Month | 1,791,167 |
| Average Volume | 1,791,167 |
| Average Volume10Days | 6,193,280 |
| Beta | 2.301 |
| Bid | 0.4754 |
| Bid Size | 2 |
| Board Risk | 9 |
| Book Value | 1.512 |
| City | Toronto |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 7 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.69 |
| Current Ratio | 0.549 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,782,777,600 |
| Day High | 0.7 |
| Day Low | 0.67 |
| Debt To Equity | 69.663 |
| Display Name | Largo |
| Earnings Call Timestamp End | 1,731,596,400 |
| Earnings Call Timestamp Start | 1,731,596,400 |
| Earnings Timestamp | 1,778,675,400 |
| Earnings Timestamp End | 1,786,451,400 |
| Earnings Timestamp Start | 1,786,451,400 |
| Ebitda | -26,595,000 |
| Ebitda Margins | -0.24359 |
| Enterprise To Ebitda | -6.407 |
| Enterprise To Revenue | 1.561 |
| Enterprise Value | 170,390,128 |
| Eps Forward | 0.09 |
| Eps Trailing Twelve Months | -0.86 |
| Esg Populated | 0 |
| Exchange | NMS |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 0.8876 |
| Fifty Day Average Change | -0.1976 |
| Fifty Day Average Change Percent | -0.22262281 |
| Fifty Two Week Change Percent | -51.09489 |
| Fifty Two Week High | 2.7 |
| Fifty Two Week High Change | -2.01 |
| Fifty Two Week High Change Percent | -0.74444443 |
| Fifty Two Week Low | 0.62 |
| Fifty Two Week Low Change | 0.06999999 |
| Fifty Two Week Low Change Percent | 0.112903215 |
| Fifty Two Week Range | 0.62 - 2.7 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,272,288,600,000 |
| Float Shares | 65,489,040 |
| Forward Eps | 0.09 |
| Forward P E | 7.6666665 |
| Free Cashflow | -50,241,000 |
| Full Exchange Name | NasdaqGS |
| Full Time Employees | 500 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,782,864,000 |
| Gross Margins | -0.23108 |
| Gross Profits | -25,230,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.00421 |
| Held Percent Institutions | 0.47422 |
| Implied Shares Outstanding | 101,336,861 |
| 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 | 69,922,432 |
| Market State | REGULAR |
| Max Age | 86,400 |
| Message Board Id | finmb_3473752 |
| Most Recent Quarter | 1,774,915,200 |
| Name Change Date | 2,026-07-14 |
| Net Income To Common | -65,799,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 66,382,531 |
| Number Of Analyst Opinions | 1 |
| Open | 0.6791 |
| Operating Cashflow | -14,562,000 |
| Operating Margins | -0.19205 |
| Overall Risk | 8 |
| Payout Ratio | 0.0 |
| Phone | 416 861 9797 |
| Prev Name | Largo Resources Ltd. |
| Previous Close | 0.67 |
| Price Hint | 4 |
| Price To Book | 0.45634922 |
| Price To Sales Trailing12 Months | 0.64042675 |
| Profit Margins | -0.60266 |
| Quick Ratio | 0.132 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.0 |
| Region | US |
| Regular Market Change | 0.01999998 |
| Regular Market Change Percent | 2.9855173 |
| Regular Market Day High | 0.7 |
| Regular Market Day Low | 0.67 |
| Regular Market Day Range | 0.67 - 0.7 |
| Regular Market Open | 0.6791 |
| Regular Market Previous Close | 0.67 |
| Regular Market Price | 0.69 |
| Regular Market Time | 1,784,037,543 |
| Regular Market Volume | 73,667 |
| Return On Assets | -0.082100004 |
| Return On Equity | -0.39438 |
| Revenue Growth | -0.025 |
| Revenue Per Share | 1.47 |
| Sand P52 Week Change | 0.20365608 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Share Holder Rights Risk | 3 |
| Shares Outstanding | 101,336,861 |
| Shares Percent Shares Out | 0.0291 |
| Shares Short | 3,308,979 |
| Shares Short Previous Month Date | 1,780,012,800 |
| Shares Short Prior Month | 3,708,459 |
| Short Name | Largo Inc. |
| Short Ratio | 4.24 |
| Source Interval | 15 |
| State | ON |
| Symbol | LGO |
| Target High Price | 2.4 |
| Target Low Price | 2.4 |
| Target Mean Price | 2.4 |
| Target Median Price | 2.4 |
| Total Cash | 11,204,000 |
| Total Cash Per Share | 0.115 |
| Total Debt | 108,367,000 |
| Total Revenue | 109,181,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.86 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.18745 |
| Two Hundred Day Average Change | -0.49745005 |
| Two Hundred Day Average Change Percent | -0.41892293 |
| Type Disp | Equity |
| Volume | 73,667 |
| Website | https://www.largoinc.com |
| Zip | M5X 1G5 |