Largo (TSE:LGO) Stock Rating Reaffirmed By HC Wainwright

HC Wainwright restated their buy rating on shares of Largo (TSE:LGO – Get Rating) in a research note published on Friday, Marketbeat Ratings reports. They currently have a C$19.00 price target on the stock.

Separately, Morgan Stanley downgraded shares of Largo to a hold rating and set a C$11.40 price target for the company. in a research report on Monday, January 31st.

LGO stock opened at C$10.32 on Friday. Largo has a twelve month low of C$8.85 and a twelve month high of C$21.53. The company has a debt-to-equity ratio of 6.61, a current ratio of 3.84 and a quick ratio of 2.58. The firm has a market capitalization of C$668.25 million and a P/E ratio of 22.68. The stock’s 50 day moving average is C$13.83.

About Largo (Get Rating)

Largo 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