Largo Resources Stock Buy Hold or Sell Recommendation
| LGO Stock | USD 1.97 0.13 6.19% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Largo Resources is 'Strong Sell'. The recommendation algorithm takes into account all of Largo Resources' available fundamental, technical, and predictive indicators you will find on this site.
Check out Largo Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide. In addition, we conduct extensive research on individual companies such as Largo and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Largo Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
Largo |
Execute Largo Resources Buy or Sell Advice
The Largo recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Largo Resources. Macroaxis does not own or have any residual interests in Largo Resources or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Largo Resources' advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Modest | Details | |
Volatility | Risky | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Above Average | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Largo Resources Trading Alerts and Improvement Suggestions
| Largo Resources may become a speculative penny stock | |
| Largo Resources had very high historical volatility over the last 90 days | |
| Largo Resources has high likelihood to experience some financial distress in the next 2 years | |
| The company reported the last year's revenue of 198.68 M. Reported Net Loss for the year was (30.9 M) with profit before taxes, overhead, and interest of 59.53 M. | |
| About 65.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: HC Wainwright Has Lowered Expectations for Largo Stock Price |
Largo Resources Returns Distribution Density
The distribution of Largo Resources' historical returns is an attempt to chart the uncertainty of Largo Resources' future price movements. The chart of the probability distribution of Largo Resources daily returns describes the distribution of returns around its average expected value. We use Largo Resources price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Largo Resources returns is essential to provide solid investment advice for Largo Resources.
| Mean Return | 0.13 | Value At Risk | -4.71 | Potential Upside | 8.48 | Standard Deviation | 4.63 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Largo Resources historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Largo Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Largo Resources, soars without any apparent reason. This usually happens because many institutional investors are aggressively trading Largo Resources back and forth among themselves. Companies that invest excess capital in these types of assets may also be included in this term and can influence corporate governance by exercising voting rights in their investments.
| Shares | Citadel Advisors Llc | 2024-09-30 | 24.4 K | Cibc World Markets Inc. | 2024-09-30 | 21.8 K | Banco Btg Pactual S.a. | 2024-09-30 | 20 K | Dimensional Fund Advisors, Inc. | 2024-09-30 | 16.9 K | Xtx Topco Ltd | 2024-09-30 | 15.1 K | Compagnie Lombard, Odier Sca | 2024-09-30 | 14.4 K | The Toronto-dominion Bank | 2024-06-30 | 12.8 K | Royal Bank Of Canada | 2024-09-30 | 10.9 K | Jane Street Group Llc | 2024-06-30 | 10.8 K | Arias Resource Capital Gp Ltd. | 2024-09-30 | 28 M | West Family Investments Llc | 2024-09-30 | 5.6 M |
Largo Resources Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (30.7M) | (48.4M) | 4.6M | (29.3M) | (11.7M) | (11.1M) | |
| Free Cash Flow | 68.1M | (77.6M) | 12.4M | (42.2M) | (38.2M) | (36.3M) | |
| Other Non Cash Items | 18.0M | (14.8M) | (2.0M) | (8.3M) | 4.4M | 7.0M | |
| Capital Expenditures | 38.6M | 18.1M | 27.4M | 45.6M | 54.5M | 30.8M | |
| Net Income | (27.7M) | 6.8M | 22.6M | (2.2M) | (30.9M) | (29.4M) | |
| End Period Cash Flow | 127.1M | 79.1M | 83.8M | 54.5M | 43.2M | 30.0M | |
| Depreciation | 24.3M | 17.5M | 22.5M | 23.3M | 29.8M | 31.3M | |
| Change To Inventory | (8.0M) | (16.2M) | (11.0M) | (15.7M) | 5.5M | 5.7M | |
| Investments | (38.6M) | (18.1M) | (27.4M) | (60.1M) | (79.9M) | (75.9M) | |
| Net Borrowings | (92.8M) | 24.8M | (10.0M) | 24.4M | 28.1M | 29.5M | |
| Change To Netincome | 17.8M | (12.4M) | 10.1M | (586K) | (527.4K) | (501.0K) |
Largo Resources Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Largo Resources or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Largo Resources' price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Largo stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.09 | |
β | Beta against Dow Jones | 1.63 | |
σ | Overall volatility | 4.59 | |
Ir | Information ratio | -0.0014 |
Largo Resources Volatility Alert
Largo Resources shows above-average downside volatility for the selected time horizon. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Largo Resources' stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Largo Resources' stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Largo Resources Fundamentals Vs Peers
Comparing Largo Resources' fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Largo Resources' direct or indirect competition across all of the common fundamentals between Largo Resources and the related equities. This way, we can detect undervalued stocks with similar characteristics as Largo Resources or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Largo Resources' fundamental indicators could also be used in its relative valuation, which is a method of valuing Largo Resources by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Largo Resources to competition |
| Fundamentals | Largo Resources | Peer Average |
| Return On Equity | -0.22 | -0.31 |
| Return On Asset | -0.08 | -0.14 |
| Profit Margin | (0.34) % | (1.27) % |
| Operating Margin | (0.36) % | (5.51) % |
| Current Valuation | 196.42 M | 16.62 B |
| Shares Outstanding | 64.11 M | 571.82 M |
| Shares Owned By Insiders | 0.18 % | 10.09 % |
| Shares Owned By Institutions | 64.73 % | 39.21 % |
| Number Of Shares Shorted | 581.93 K | 4.71 M |
| Price To Earning | 24.13 X | 28.72 X |
| Price To Book | 0.70 X | 9.51 X |
| Price To Sales | 0.93 X | 11.42 X |
| Revenue | 198.68 M | 9.43 B |
| Gross Profit | 59.53 M | 27.38 B |
| EBITDA | 3.82 M | 3.9 B |
| Net Income | (30.9 M) | 570.98 M |
| Cash And Equivalents | 62.71 M | 2.7 B |
| Cash Per Share | 0.98 X | 5.01 X |
| Total Debt | 76.53 M | 5.32 B |
| Debt To Equity | 0.06 % | 48.70 % |
| Current Ratio | 2.96 X | 2.16 X |
| Book Value Per Share | 3.02 X | 1.93 K |
| Cash Flow From Operations | 16.44 M | 971.22 M |
| Short Ratio | 2.70 X | 4.00 X |
| Earnings Per Share | (0.76) X | 3.12 X |
| Target Price | 4.2 | |
| Number Of Employees | 533 | 18.84 K |
| Beta | 2.08 | -0.15 |
| Market Capitalization | 134.82 M | 19.03 B |
| Total Asset | 396.39 M | 29.47 B |
| Retained Earnings | (77.64 M) | 9.33 B |
| Working Capital | 94.67 M | 1.48 B |
| Net Asset | 396.39 M |
Largo Resources Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Largo . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 6051.5 | |||
| Daily Balance Of Power | (1.00) | |||
| Rate Of Daily Change | 0.94 | |||
| Day Median Price | 2.02 | |||
| Day Typical Price | 2.0 | |||
| Price Action Indicator | (0.11) | |||
| Period Momentum Indicator | (0.13) |
About Largo Resources Buy or Sell Advice
When is the right time to buy or sell Largo Resources? Buying financial instruments such as Largo Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Check out Largo Resources Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Largo Resources. If investors know Largo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Largo Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.153 | Earnings Share (0.76) | Revenue Per Share 2.26 | Quarterly Revenue Growth (0.32) | Return On Assets (0.08) |
The market value of Largo Resources is measured differently than its book value, which is the value of Largo that is recorded on the company's balance sheet. Investors also form their own opinion of Largo Resources' value that differs from its market value or its book value, called intrinsic value, which is Largo Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Largo Resources' market value can be influenced by many factors that don't directly affect Largo Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Largo Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Largo Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Largo Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.