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

Largo Resources Ltd opened trading today at $2.78 and closed at $2.67. prices ranged from a low of $2.67 to a high of $2.85.

The price eased -2.91 percent from the previous day's close of $2.75.

During the day across North America, the TSX Composite closed 1.07% at 22995.39, the S&P 500 closed 0.64% at 5667.20, the Dow Jones Industrial Average closed 1.85% at 40954.48 and the Nasdaq Composite closed 0.20% at 18509.34.

Largo Resources Ltd traded under LGO on the Toronto Stock Exchange (TSX).

Trading volume was 32,964 on 148 total trades, while having an average volume of 113,211 over 5 days.

The TSX overall saw 2,100 price advancers against 3,108 declines and 117 unchanged.

During the prior 52 weeks, LGO.TO has traded as high as $6.25 (July 31,2023) and low as $1.89 (April 18,2024). Moreover, the shares have shrunken -55.35% in the last 12 months, while this year, they have eased -12.46%.

Following today's trading, Largo Resources Ltd has a market capitalization of $176.20 million on a float of 64,072 shares outstanding. Its annual EPS is $-0.65.

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

Based on 3.00 analysts, Largo Resources Ltd gets an average recommendation of "Moderate Buy" according to Zacks. Currently, there are 2 buy ratings and 1 hold ratings for the stock.

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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..