Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.
LGO
STRONG SELLREMOVELargo Inc. · Basic Materials · Canada · $96M · Avg Vol: $724K/d
While Largo is exposed to vanadium, a critical metal for grid-scale flow batteries, it remains a high-cost, asset-heavy commodity cyclical. This directly violates our Terry Smith lens of avoiding commodity producers with no pricing power and volatile cash flows, making it unsuitable for a concentrated quality portfolio.
COMPANY DESCRIPTION
Largo Inc. is a Canadian company primarily engaged in mining and supplying vanadium, operating one of the world's highest-grade vanadium mines in Brazil. It holds a unique position as a significant global primary vanadium producer and is vertically integrating into vanadium redox flow battery technology. This makes it a key player in both raw material supply and future energy storage solutions.
FINANCIAL SUMMARY
| Year | 2021 | 2022 | 2023 | 2024 | CAGR |
|---|---|---|---|---|---|
| Revenue | 198M | 229M | 199M | 125M | -14.3% |
| EPS | 0.35 | -0.02 | -0.47 | -0.78 | — |
| Shares | 65M | 64M | 64M | 64M | -0.9% |
| Debt | 18M | 42M | 77M | 92M | 73.9% |
| Equity | 266M | 265M | 249M | 165M | -14.7% |
| Op CF | 40M | 3M | 21M | 11M | -34.5% |
| Inv CF | -27M | -60M | -63M | -42M | — |
| Fin CF | -7M | 26M | 29M | 12M | — |
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Basic Materials, ranked by industry match, size, and score similarity. Cross-listings of LGO are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| LGO | Largo Inc.(you) | $96M | 5 | STRONG SELL |
| CVV.V | CanAlaska Uranium Ltd. | $96M | 7 | STRONG SELL |
| NRC.V | Nations Royalty Corp. | $101M | 4 | STRONG SELL |
| NEXM.V | NexMetals Mining Corp. | $100M | 7 | STRONG SELL |
| APXC.CN | Apex Critical Metals Corp. | $96M | 1 | STRONG SELL |
| DMX.V | District Metals Corp. | $98M | 1 | STRONG SELL |
| DMXSE-SDB.ST | District Metals Corporation | $98M | 1 | STRONG SELL |
| BMM.V | Black Mammoth Metals Corporation | $120M | 4 | STRONG SELL |
| LTH.V | Lithium Ionic Corp. | $125M | 5 | STRONG SELL |
| BOGO.V | Borealis Mining Company Limited | $118M | 6 | STRONG SELL |
Peer medians: ROE -12.0% · P/E 15.3x · Gross margin 0.0%