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Largo Resources Ltd
NASDAQ LGO
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Largo Resources Ltd Market Capitalization on May 31, 2024: USD 141.60 M
Largo Resources Ltd Market Capitalization is USD 141.60 M on May 31, 2024, a -41.82% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
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Largo Resources Ltd 52-week high Market Capitalization is USD 304.88 M on July 31, 2023, which is 115.31% above the current Market Capitalization.
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Largo Resources Ltd 52-week low Market Capitalization is USD 89.67 M on April 18, 2024, which is -36.67% below the current Market Capitalization.
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Largo Resources Ltd average Market Capitalization for the last 52 weeks is USD 169.63 M.
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NASDAQ: LGO
| CEO | Mr. Paulo Guimarães Misk |
| IPO Date | July 13, 2007 |
| Location | Canada |
| Headquarters | 55 University Avenue, Toronto, ON, Canada, M5J 2H7 |
| Employees | 533 |
| Sector | Basic Materials |
| Industry | Other industrial metals & mining |
Description
Largo Inc. engages in the development and sale of vanadium-based energy storage systems in Canada. The company operates through, Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy and Largo Physical Vanadium Segments. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications. The company offers renewable energy storage solutions through Largo Clean Energy. Its products are sourced from vanadium deposits at the Maracás Menchen Mine in Brazil. The company was formerly known as Largo Resources Ltd. and changed its name to Largo Inc. in November 2021. The company was incorporated in 1988 and is headquartered in Toronto, Canada.
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