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

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

Today during trading, Largo Resources Ltd shares closed at $2.63 after opening the day at $2.68. It traded at a low of $2.50 to a high of $2.70.

Shares dipped -4.36% 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 -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

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 in the last five days and 45,447 year-to-date.

Trading across the entire TSX saw 432 price advancers against 4,843 declines and 43 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, the shares have shrunken -55.65% in the last year, while they have dipped -13.77% since the start of 2024.

Following today's trading, Largo Resources Ltd has a market capitalization of $168.61 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. Currently, there are 2 buy ratings and 1 hold ratings for the stock.

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..