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

In market activity today, shares of Largo Resources Ltd opened at $2.99 and closed at $2.82. Intraday prices ranged from $2.78 to $3.02.

The price dipped -5.37% from the previous day's close of $2.98.

Today across North America, the TSX Composite closed -0.15% at 22779.57, the S&P 500 closed 1.11% at 5459.10, the Dow Jones Industrial Average closed 1.64% at 40589.34 and the Nasdaq Composite closed 1.03% at 17357.88.

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

A total of 32,977 shares was traded during the session, with total trades of 128, while having an average volume of 59,669 in the last five days.

The TSX overall saw 1,903 price advancers against 3,356 declines and 91 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 -54.15 percent in the last 12 months, while this year, they have shrunken -7.54%.

Following today's trading, Largo Resources Ltd has a market capitalization of $190.93 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.

Currently, Largo Resources Ltd has an average recommendation of "Moderate Buy" based on 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..