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Investor Insights

This summary was created by AI, based on 4 opinions in the last 12 months.

Experts have varying opinions on Largo Resources Ltd. (LGO-T) stock. While some are bullish on vanadium and see potential for a rebound in the mining market, others highlight concerns about the company's cash flow, earnings miss, and CEO departure. The stock price has not participated in the year's rally, but there is potential for growth as vanadium gains attention and the demand for electric vehicles increases. Overall, the company presents a good buying opportunity despite the challenges it faces.

Consensus
Mixed
Valuation
Undervalued
Similar
BHP, BHP.AX
PAST TOP PICK
(A Top Pick May 08/23, Down 38%)

He's still bullish on vanadium. Mining market in general has had a very difficult year. Vanadium is a minor metal and hasn't attracted the market yet. Malaise sets the stage for a rebound. Longer-term supply/demand fundamentals are attractive.

metal mines
WATCH

Junior resource sector deeply out of favour. Vanadium offers incredibly utility as an adjunct to steel and specialty metals. Most is produced in China, and the world is looking geopolitically for a more secure source, like LGO. Political risk in Brazil.

Free cashflow and mining prospects have not gown down, even as the stock price has, making it better value. Also leases vanadium and recycles it. He's fascinated, especially as vanadium batteries get attention.

metal mines
TOP PICK

Very attractive resource. 
Current share price presenting good buying opportunity.
High demand for electric vehicles good for business. 

metal mines
DON'T BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

LGO is cheap, and growing again, but it does not generate much cash yet (only $3.5M in 2022). 
It had a big miss on earnings last quarter, and the CEO left suddenly (likely fired). 
The stock has not participated in this year's rally, and we think investors can move on.  
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metal mines
WAIT

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Good potential in its battery business. Shows good growth, the valuation is historically cheap at 8x earnings and the balance sheet is solid. Would wait for better momentum to add. Unlock Premium - Try 5i Free

metal mines
HOLD

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is strong momentum for the stop and it is cheap on valuation. The market cap is now over $1B. There is considerable prospects for global economic growth which will help the stock move higher. Unlock Premium - Try 5i Free

metal mines
BUY
Had a head and shoulders with a big run then big drop. The momentum is over. Its believers are now back to own it. Will be news driven. The risk is to the upside.
metal mines
PARTIAL BUY
It has had a tremendous turnaround. Use a 50-day moving average as an exit point. If it goes sideways you will get exited out of it. Buy a little and follow the trend.
metal mines
PARTIAL SELL

Up 160% YTD. One shareholder owns 45% of it. Doing well in the operations side. If you've done well, take some money off the table. He doesn't own any vanadium stocks.

metal mines
WATCH

A pretty strong pullback and probably because it is a pretty small cap stock. Seems to be on the trend line, but you want to see it bounce off the low end of this trend line.

metal mines
BUY

Is showing some really encouraging signs. Has a nice rounded look to the base. Is doing a test of the breakout, "cup and handle" formation. You have to be careful of these penny stocks as they can be very thinly traded and manipulated, but from a purely chart view it looks good.

metal mines
WAIT

Penny stocks are going to be at little more manipulated by fewer investors. Chart shows the stock has huge resistance at about $0.30. It is trying to make a series of higher highs and higher lows, but he would not touch this unless it broke through $.30.

metal mines
HOLD

Has a deposit in Brazil very close to production. Continues to be challenged here. You have to hang in with this one. Small cap so high risk.

metal mines
COMMENT

This is in a basing phase during 2013. If it breaks up through $0.30 with half decent volume, it could be a half decent story. Big managers do not trade penny stocks so they are a little bit harder to read the charts on.

metal mines
COMMENT

Downtrend seems to be broken and it is definitely basing. Technically it looks okay. As this is a penny stock, they are not traded by large institutions, etc. so they can be pushed around a little bit because there are fewer players. Technical analysis on penny stocks is a little less accurate, so be careful.

metal mines
Showing 1 to 15 of 36 entries

Largo Resources Ltd.(LGO-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 2

Stockchase rating for Largo Resources Ltd. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Largo Resources Ltd.(LGO-T) Frequently Asked Questions

What is Largo Resources Ltd. stock symbol?

Largo Resources Ltd. is a Canadian stock, trading under the symbol LGO-T on the Toronto Stock Exchange (LGO-CT). It is usually referred to as TSX:LGO or LGO-T

Is Largo Resources Ltd. a buy or a sell?

In the last year, 2 stock analysts published opinions about LGO-T. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Largo Resources Ltd..

Is Largo Resources Ltd. a good investment or a top pick?

Largo Resources Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Largo Resources Ltd..

Why is Largo Resources Ltd. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Largo Resources Ltd. worth watching?

2 stock analysts on Stockchase covered Largo Resources Ltd. In the last year. It is a trending stock that is worth watching.

What is Largo Resources Ltd. stock price?

On 2024-02-28, Largo Resources Ltd. (LGO-T) stock closed at a price of $2.45.