Largo (LGO)

• Market cap: $81.4M
• 1 day: -2.31%
• 5 days: -6.62%
• 1 month: -18.06%
• 3 months: -27.43%
• 6 months: -34.54%
• Year to date: -28.65%
• 1 year: -35.53%
• 5 years: -92.29%
• 10 years: -92.29%
• Sector: Materials
• Industry: Other Industrial Metals & Mining

About: Largo Inc is committed to the production and supply of high-quality vanadium products. The company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, predominantly in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder. The company has operating segments: sales & trading, mine properties, which generates key revenue, corporate, exploration and evaluation properties, Clean Energy, and Largo Physical Vanadium.

Employees: 500

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

960% more call options, than puts

Call options by funds: $53K | Put options by funds: $5K

67% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 3

6% more funds holding

Funds holding: 32 [Q4 2024] → 34 (+2) [Q1 2025]

0.1% more ownership

Funds ownership: 19.62% [Q4 2024] → 19.72% (+0.1%) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 1 (+0) [Q1 2025]

17% less capital invested

Capital invested by funds: $24.3M [Q4 2024] → $20.3M (-$4.02M) [Q1 2025]

58% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 12

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $3.70 191% upside
• Avg. target: $3.70 191% upside
• High target: $3.70 191% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Heiko Ihle

191% upside $3.70

Buy Maintained

16 May 2025