
LGO Stock Forecast & Price Target
LGO Analyst Ratings
Bulls say
Largo is expected to experience strong revenue and production growth in 2026, with projected sales of 7,500-9,500t and an annual throughput expected to increase to 2.5Mt. The potential to produce and sell by-products such as copper and PGMs through its existing infrastructure provides significant revenue diversification and margin improvement opportunities. The recent termination of its iron ore calcine agreement, and potential sale of its stockpile of calcine, also presents opportunities for improved liquidity and operations going forward. Overall, Largo's focus on operational improvements and diversification efforts position the company for long-term success, warranting a positive outlook from analysts.
Bears say
Largo is facing a challenging market environment with declining production and revenue in the first half of 2021, driven by low commodity prices and labor disruptions. The company's reliance on one country, Brazil, for its mineral properties makes it susceptible to political and economic instability, potentially impacting operations and profitability. Additionally, the company's expansion into clean energy solutions through vanadium redox flow battery technology has yet to yield significant revenue, making it a risky diversification move.
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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