12 Month Price Forecast For LGO
Distance to LGO Price Forecasts
LGO Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: February 6, 2025 4:13 AM UTC
LGO Analyst Ratings & Price Targets
Based on our analysis of 1 Wall Street analysts, LGO has a consensus that is bullish. The median price target is $4.20, with forecasts ranging from $4.20 to $4.20. Currently, there are 3 Buy ratings, 0 Hold ratings, and 0 Sell ratings.
With LGO currently trading at $2.05, the median price forecast suggests a 104.9% upside. The most optimistic forecast comes from Heiko Ihle at HC Wainwright & Co., projecting a 104.9% upside, while Heiko Ihle at HC Wainwright & Co. provides the most conservative target, suggesting a 104.9% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
LGO Analyst Consensus
LGO Price Target Range
Latest LGO Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for LGO.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 20, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $4.20 |
| Nov 14, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $4.20 |
| Oct 22, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $4.40 |
| Aug 13, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $4.40 |
| Jul 18, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $4.70 |
| May 17, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $4.80 |
| May 1, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $4.70 |
| Mar 25, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $4.60 |
| Nov 10, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $9.00 |
| Aug 11, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $12.00 |
| Jul 21, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $12.00 |
| May 12, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $12.00 |
| Apr 20, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $17.00 |
| Mar 13, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $17.00 |
| Jan 25, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $17.00 |
| May 13, 2022 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $19.00 |
| Feb 4, 2022 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $20.00 |
| Jun 14, 2021 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $24.00 |
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Largo Resources Ltd. (LGO) Financial Data
Largo Resources Ltd. has a market capitalization of $138.72M with a P/E ratio of -4.3x. The company generates $144.82M in trailing twelve-month revenue with a -33.7% profit margin.
Revenue growth is -32.0% quarter-over-quarter, while maintaining an operating margin of -36.1% and return on equity of -22.0%.
Valuation Metrics
Growth & Margins
Financial Health
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Largo Resources Ltd. (LGO) Company Overview
About Largo Resources Ltd.
Develops and sells vanadium-based energy storage systems.
Largo Inc. generates revenue through various segments, including Sales & Trading, Mine Properties, and clean energy solutions. The company produces and sells vanadium products, such as VPURE+ vanadium flakes and powders, targeting industries like aerospace, steel, and catalysis. Its operations are supported by vanadium mining at its Maracás Menchen Mine in Brazil.
Largo Inc. was established in 1988 and rebranded from Largo Resources Ltd. in November 2021. The company is headquartered in Toronto, Canada, and focuses on renewable energy storage through its Largo Clean Energy segment.
Company Information
Sector
Basic Materials
Industry
Other Industrial Metals & Mining
Employees
533
CEO
Mr. Daniel R. Tellechea B.Sc., MBA
Country
Canada
IPO Year
1996
Website
www.largoinc.comLargo Resources Ltd. (LGO) Latest News & Analysis
Largo and Stryten Energy are forming Storion Energy to manufacture vanadium electrolyte and battery components for long-duration energy storage.
The formation of Storion Energy signals increased investment in clean energy and battery technology, potentially enhancing Largo's market position and driving future revenue growth.
Archer Aviation (NYSE: ACHR) has received a certificate of occupancy for its Georgia manufacturing facility, in partnership with Stellantis, planning to produce its Midnight eVTOL by early 2025.
Archer Aviation's new manufacturing facility signals progress in eVTOL production, enhancing growth potential and investor interest in the emerging electric aviation market.
Largo Resources has filed a technical report detailing an updated Life of Mine Plan and Pre-Feasibility Study for its vanadium-titanium operation in Brazil.
The filing of an updated Life of Mine Plan and Pre-Feasibility Study signals potential value and future profitability for Largo's vanadium-titanium operation, influencing investment decisions.
Largo Inc. (LGO) Q3 2024 Earnings Call Transcript
2 months agoLargo Inc. (NASDAQ:LGO) will hold its Q3 2024 earnings conference call on November 14, 2024, at 10:00 AM ET, featuring key executives and analysts from major firms.
Largo Inc.'s Q3 2024 earnings call will provide insights into its financial health and operational strategies, influencing investor sentiment and stock performance.
Largo reported a 31% reduction in operating costs for Q3 2024, reinforcing its competitive cost position in the global vanadium market.
Largo's 31% reduction in operating costs enhances profitability and strengthens its competitive edge in the vanadium market, potentially boosting investor confidence and stock performance.
Largo to Release its Third Quarter 2024 Financial Results on Tuesday, November 12, 2024
3 months agoLargo will release its Q3 2024 financial results on November 12, 2024.
Largo's upcoming Q3 2024 financial results will provide insight into its performance and growth in the clean energy sector, influencing investor sentiment and stock valuation.
Frequently Asked Questions About LGO Stock
What is Largo Resources Ltd.'s (LGO) stock forecast for 2025?
Based on our analysis of 1 Wall Street analysts, Largo Resources Ltd. (LGO) has a median price target of $4.20. The highest price target is $4.20 and the lowest is $4.20.
Is LGO stock a good investment in 2025?
According to current analyst ratings, LGO has 3 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $2.05. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for LGO stock?
Wall Street analysts predict LGO stock could reach $4.20 in the next 12 months. This represents a 104.9% increase from the current price of $2.05. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Largo Resources Ltd.'s business model?
Largo Inc. generates revenue through various segments, including Sales & Trading, Mine Properties, and clean energy solutions. The company produces and sells vanadium products, such as VPURE+ vanadium flakes and powders, targeting industries like aerospace, steel, and catalysis. Its operations are supported by vanadium mining at its Maracás Menchen Mine in Brazil.
What is the highest forecasted price for LGO Largo Resources Ltd.?
The highest price target for LGO is $4.20 from Heiko Ihle at HC Wainwright & Co., which represents a 104.9% increase from the current price of $2.05.
What is the lowest forecasted price for LGO Largo Resources Ltd.?
The lowest price target for LGO is $4.20 from Heiko Ihle at HC Wainwright & Co., which represents a 104.9% increase from the current price of $2.05.
What is the overall LGO consensus from analysts for Largo Resources Ltd.?
The overall analyst consensus for LGO is bullish. Out of 1 Wall Street analysts, 3 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $4.20.
How accurate are LGO stock price projections?
Stock price projections, including those for Largo Resources Ltd., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
