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Company price
0.445 CAD -0.03 ( 5.32%)
Last update at 2026-11-04T14:30:00Z
VOLUME
2625
Market Cap
166.43M

Momentum Score

…

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.

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Day Price Range
0.44
Low
0.45
High
52 Week Price Range
1.23
Low
3.71
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Largo Resources Ltd is a Canadian mining company that develops and operates the Maracás Menchen vanadium project in Brazil and produces vanadium pentoxide used in steel alloys and energy storage. Long-term growth drivers include steady demand for stronger steel, constrained global vanadium supply and potential adoption of vanadium redox flow batteries for grid storage. Investors may find exposure to a specialist vanadium producer attractive for participation in supply-side dynamics and clean-energy commodity demand.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.47
Dividend Yield
-
Revenue TTM
109.89M
Revenue Per Share
1.62
Gross Profit TTM
-22.75M
Debt / Equity
0.31
ROE
-44.67%
Net Debt
-9.72M
ROCE
-23.38%
Diluted EPS TTM
-1.29

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax -51.67M -71.25M -35.06M 4.04M 31.76M
Minority interest 0.23M 0.74M 2.02M 0.78M -
Net income -68.51M -49.83M -30.34M -2.23M 22.57M
Selling general administrative 23.09M 23.05M 34.50M 34.11M 25.48M
Gross profit -22.75M -20.90M 23.93M 59.53M 65.27M
Reconciled depreciation 22.00M 28.68M 29.25M 23.28M 22.51M
Ebit -38.53M -61.78M -25.43M 16.97M 36.97M
Ebitda -16.54M -33.11M 3.82M 40.25M 59.48M
Depreciation and amortization 22.00M 28.68M 29.25M 23.28M 22.51M
Operating income -46.06M -46.28M -16.28M 16.97M 36.97M
Other operating expenses 155.95M 171.20M 214.96M 213.21M 161.57M
Interest expense 13.14M 9.46M 9.63M 1.46M 0.98M
Tax provision 17.06M -20.68M -2.70M 6.26M 9.19M
Interest income 0.28M 20.14M 2.02M 1.23M 0.03M
Net interest income -12.86M -7.94M -7.61M -0.54M -0.72M
Income tax expense 17.06M -20.68M -2.70M 6.26M 9.19M
Total revenue 109.89M 124.92M 198.68M 229.25M 198.28M
Total operating expenses 23.31M 25.38M 40.20M 43.49M 28.56M
Cost of revenue 132.64M 145.82M 174.76M 169.72M 133.01M
Total other income expense net -5.61M -24.96M -18.78M -12.93M -5.21M
Net income from continuing ops -68.74M -50.56M -32.36M -2.23M 22.57M
Net income applicable to common shares - -49.83M -30.34M -1.45M 22.57M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 318.75M 318.67M 381.62M 355.75M 313.91M
Intangible assets 1.41M 2.25M 6.15M 7.26M 3.93M
Other current assets 7.76M - 7.25M 14.48M 7.18M
Total liab 182.22M 147.44M 125.82M 81.20M 48.21M
Total stockholder equity 130.35M 164.82M 248.65M 265.39M 265.70M
Other current liab 128.98M 0.96M -3.15M 32.69M 6.59M
Common stock 423.28M - 412.30M 411.65M 415.98M
Capital stock 423.28M 412.99M 412.30M 411.65M 415.98M
Retained earnings -187.33M -126.50M -77.64M -48.23M -49.33M
Other liab - - - 4.75M 4.56M
Other assets - - - 19.11M 3.34M
Cash 9.72M 22.11M 42.71M 54.47M 83.79M
Total current liabilities 153.93M 114.26M 42.45M 38.97M 41.67M
Current deferred revenue 3.54M - 3.55M 1.70M 5.47M
Net debt -9.72M - 33.81M -12.42M -66.24M
Short term debt - - 0.60M 4.58M 15.56M
Short long term debt - - - 4.00M 15.00M
Short long term debt total - - 76.53M 42.05M 17.55M
Other stockholder equity 17.84M - 12.20M 14.14M 17.81M
Property plant equipment - - - 175.24M 146.66M
Total current assets 78.05M 93.29M 137.12M 154.14M 159.98M
Long term investments 4.64M - - - -
Net tangible assets - - - 258.13M 261.77M
Net receivables 11.06M 5.47M 25.60M 20.98M 23.68M
Long term debt - 17.50M 75.00M 36.00M -
Inventory 49.51M 47.54M 61.56M 64.22M 45.32M
Accounts payable 17.66M - 41.46M 26.63M 14.05M
Accumulated other comprehensive income -123.44M - -98.20M -112.17M -118.77M
Non currrent assets other 37.77M 30.30M 18.67M 14.51M -
Non current assets total 240.71M 225.38M 244.50M 201.61M 153.93M
Capital lease obligations - 0.00M 1.52M 2.05M 2.55M
Long term debt total - - - 37.47M 1.99M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -42.23M -62.88M -60.15M -27.40M
Change to liabilities - - - 1.41M 4.06M
Total cashflows from investing activities -26.44M -42.23M -62.88M -60.15M -27.40M
Net borrowings 14.79M 16.68M 34.42M 24.43M -10.02M
Total cash from financing activities 23.89M 12.04M 29.13M 26.43M -6.90M
Change to operating activities - - - -7.23M -3.15M
Net income -68.74M -50.56M -32.36M -2.23M 22.57M
Change in cash -12.39M -20.61M -11.76M -29.32M 4.64M
Begin period cash flow 22.11M 42.71M 54.47M 83.79M 79.14M
End period cash flow 9.72M 22.11M 42.71M 54.47M 83.79M
Total cash from operating activities -10.22M 11.16M 21.20M 3.46M 39.78M
Issuance of capital stock 21.68M - 0.00M 0.28M 3.16M
Depreciation 22.00M 28.68M 29.25M 23.28M 22.51M
Other cashflows from investing activities 1.00M - -9.18M -14.51M -
Dividends paid 0.00M 0.00M 0.00M 0.00M -
Change to inventory -15.71M -5.84M 1.29M -15.71M -11.05M
Change to account receivables -0.59M 14.10M 4.10M 3.57M -5.45M
Sale purchase of stock - - 0.00M -6.09M 3.16M
Other cashflows from financing activities -12.57M -4.64M -5.29M 62.81M 14.96M
Change to netincome - - - -0.59M 10.13M
Capital expenditures 27.44M 42.23M 53.70M 45.64M 27.40M
Change in working capital -9.11M 7.92M 15.93M -17.96M -15.59M
Stock based compensation 2.29M 1.32M -0.36M 2.37M 3.13M
Other non cash items 26.28M 44.48M 11.44M -8.27M -2.04M
Free cash flow -37.66M -31.07M -32.51M -42.18M 12.38M

Peer Comparison*

Sector: Basic Materials Industry: Other Industrial Metals & Mining

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
LGO
Largo Resources Ltd
-0.03
5.32%
0.45 - 4.63 1.51 1.00 2.07 36.93
TECK-B
Teck Resources Limited
2.78
3.22%
89.23 12.14 9.12 1.91 0.97 2.53 6.34
TECK-A
Teck Resources Limited
2.52
2.92%
88.88 12.13 9.34 1.91 0.99 2.58 6.47
IVN
Ivanhoe Mines Ltd.
-0.95
10.70%
7.93 44.19 31.45 37.10 2.17 30.10 40.94
NGEX
NGEx Minerals Ltd.
0.15
0.72%
21.00 - - - 13.49 - -21.12

Profile*

Largo Resources Ltd

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.

First Canadian Place, Toronto, ON, Canada, M5X 1G5

416-861-9797

500

Name Title Year Born
Mr. Paulo Guimarães Misk Pres, CEO & Director 1963
Mr. Ernest M. Cleave C.A., CPA, M.B.A. Chief Financial Officer 1969
Mr. Paul Vollant Director of Sales & Trading 1984
Mr. Nilson Luciano Chaves VP of Fin. & Admin. - Brazil NA
Alex Guthrie Sr. Mang. of External Relations NA
Liz Valente Gen. Counsel & Corp. Sec. NA
Alvaro Jose Do Carmo Resende Production Director NA
Mr. David Harris Corp. Controller NA
Mr. Kurt Menchen Advisor 1951
Mr. Daniel R. Tellechea B.Sc., MBA Interim CEO & Director 1947

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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