Closing Bell: Largo Resources Ltd down on Thursday (LGO)

Today, Largo Resources Ltd shares opened at $2.88 and closed at $2.75. It traded at a low of $2.66 to a high of $2.90.

The price dipped -3.51 percent from the previous day's close of $2.85.

Today across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

Largo Resources Ltd has listed on the Toronto Stock Exchange (TSX) under the ticker LGO.

Trading volume was 22,729 on 122 total trades, with an average volume of 27,824 in the last five days.

Trading across the entire TSX saw 907 price advancers against 4,327 declines and 72 unchanged.

During the prior 52 weeks, LGO.TO has traded as high as $6.05 (August 02,2023) and low as $1.89 (April 18,2024). Moreover, the shares have reduced -54.55% in 52 weeks, while this year, they have dipped -9.84%.

Following today's trading, Largo Resources Ltd has a market capitalization of $182.71 million on a float of 64,110 shares outstanding. Its annual EPS is $-0.65.

Largo Resources Ltd is a TSX Industrial Metals Minerals company headquartered in Toronto, CAN.

Currently, Largo Resources Ltd's consensus rating is "Moderate Buy" based on 3 analysts according to Zacks. Currently, there are 2 buy ratings and 1 hold ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..