Largo (TSE:LGO) Given Equal Weight Rating At Morgan Stanley

Morgan Stanley reissued their equal weight rating on shares of Largo (TSE:LGO – Get Rating) in a research note issued to investors on Friday, Stock Target Advisor reports. They currently have a C$10.70 price target on the stock.

Separately, HC Wainwright restated a buy rating and issued a C$19.00 price objective on shares of Largo in a research report on Friday, August 12th.

TSE LGO opened at C$7.34 on Friday. The company has a market capitalization of C$470.71 million and a PE ratio of 14.12. The company has a debt-to-equity ratio of 5.96, a quick ratio of 1.41 and a current ratio of 3.09. The business’s fifty day moving average is C$8.94 and its 200 day moving average is C$11.20. Largo has a fifty-two week low of C$7.34 and a fifty-two week high of C$18.20.

About Largo

argo Inc engages in the development and sale of vanadium-based utility scale electrical energy storage systems in Canada. The company operates in five segments: Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy. 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.

www.ferroalloynet.com