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Largo Inc. Common Shares - $LGO STOCK NEWS

Welcome to our dedicated page for Largo Common Shares news (Ticker: $LGO), a resource for investors and traders seeking the latest updates and insights on Largo Common Shares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Largo Common Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Largo Inc. (TSX: LGO) (NASDAQ: LGO) will release its Q3 2023 financial results on November 8, 2023. A conference call to discuss the results and other updates will be held on November 9 at 1:00 p.m. ET.
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End-of-Day
-1.28%
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Rhea-AI Summary
Largo Inc. reports Q3 2023 production of 2,163 tonnes and sales of 2,385 tonnes of V2O5 equivalent. The company maintains its production, cost, and capex guidance for 2023. The hot commissioning phase of the Enel Green Power España VRFB deployment is nearing completion. The review of strategic alternatives for Largo Clean Energy is ongoing. Despite setbacks, the company remains focused on safety and improving operational efficiencies.
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End-of-Day
-3.99%
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Rhea-AI Summary
Largo Inc. initiates strategic review to maximize value of Largo Clean Energy Corp.
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-1.67%
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Rhea-AI Summary
Largo Inc. (TSX: LGO) (NASDAQ: LGO) reported Q2 2023 revenues of $53.1 million, a decrease from $84.8 million in Q2 2022. The net loss was $6.0 million compared to net income of $18.0 million in Q2 2022. The cash balance was $64.0 million, with a net working capital surplus of $103.1 million and debt of $65.0 million.
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-8.78%
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Rhea-AI Summary
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-2.03%
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-0.22%
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Rhea-AI Summary
Largo Inc. (TSX: LGO) (NASDAQ: LGO) announces Q2 2023 V2O5 production of 2,639 tonnes, highlighting a 25% increase from Q1 2023. The global V2O5 recovery rate was 81.0% in Q2 2023, with a 24% decrease in the average benchmark price per lb of V2O5 in Europe. Francesco D’Alessio was appointed as President of Largo Clean Energy.
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0.9%
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Rhea-AI Summary
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-7.28%
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management
Largo Inc. Common Shares

Nasdaq:LGO

LGO Rankings

LGO Stock Data

101.20M
35.87M
0.18%
67.19%
0.79%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Toronto

About LGO

largo resources ltd. (tsx-v:lgo) is a mid-tier mining development company primarily focused on ramping-up production of vanadium at its maracás menchen mine in brazil. largo has accomplished a unique feat in the mining industry, by successfully financing, building and bringing a project to production in a trying market environment and in a unique commodity. largo’s maracás menchen mine boasts the highest grade vanadium deposit yet discovered and is expected to be a low cost producer. with an off-take in place with commodities giant glencore, largo is well positioned to become the leading producer of vanadium globally and expects to generate substantial cash-flows. vanadium is primarily used as an alloy to strengthen steel and reduce its weight. vanadium enhanced steels are used in a vast and growing range of products that we use and encounter every day; including, rebar, automobiles, transport infrastructure etc. with a compound annual growth rate of over 6% for the past several