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

Automated Summaries - The Globe and Mail - Fri Aug 2, 4:01PM CDT

Today in trading, shares of Largo Resources Ltd opened at $2.68 and closed at $2.63. It traded at a low of $2.50 to a high of $2.70.

Shares eased -4.36 percent from the previous day's close of $2.75.

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 87,382 shares was traded during the last trading day, with total trades of 230. On average, Largo Resources Ltd has traded 41,626 shares over 5 days and 45,447 year-to-date.

The TSX overall saw 741 price advancers against 4,512 declines and 69 unchanged.

During the prior 52 weeks, LGO.TO has traded as high as $5.94 (August 03,2023) and low as $1.89 (April 18,2024). Moreover, in the last 12 months, Largo Resources Ltd's shares have shrunken -55.65 percent, while they have decreased -13.77% year-to-date.

Following today's trading, Largo Resources Ltd has a market capitalization of $176.30 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.

Largo Resources Ltd is holding an average recommendation of "Moderate Buy" from 3.00 analysts according to Zacks. From those 3 analysts, 2 have buy ratings and 1 analysts gave hold ratings.

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..