
LGO Stock Forecast & Price Target
LGO Analyst Ratings
Bulls say
Largo Inc has demonstrated a robust operational framework, evidenced by a 28% year-over-year increase in annual ore production and a significant 64% rise in total mineral resources, fueled by the inclusion of new deposits. The company has successfully implemented cost-cutting initiatives, leading to reduced cash costs which, along with anticipated operational improvements, are likely to enhance profitability in upcoming quarters. Furthermore, substantial increases in proven and probable reserves, now totaling 101.0Mt (+67%), indicate a solid foundation for future growth and economic viability, particularly as new exploration opportunities are being pursued.
Bears say
Largo Inc. has faced unexpected challenges with refractory replacement, which negatively impacted production levels more than anticipated. The company is expecting lower vanadium equivalent production in the first quarter of 2025 due to adverse weather conditions and a slower-than-expected production ramp-up following maintenance activities in the fourth quarter of 2024. Additionally, a recent decrease in production and updated cost guidance has led to a reassessment of the company's valuation, emphasizing potential financial pressures moving forward.
This aggregate rating is based on analysts' research of Largo Resources LTD and is not a guaranteed prediction by Public.com or investment advice.
LGO Analyst Forecast & Price Prediction
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