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Largo Resources Ltd
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Let's analyse Largo Resources Ltd together

PenkeI guess you are interested in Largo Resources Ltd. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Largo Resources Ltd. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Largo Resources Ltd (30 sec.)










What can you expect buying and holding a share of Largo Resources Ltd? (30 sec.)

How much money do you get?

How much money do you get?
$0.00
When do you have the money?
1 year
How often do you get paid?
2.5%

What is your share worth?

Current worth
$4.10
Expected worth in 1 year
$3.80
How sure are you?
47.5%

+ What do you gain per year?

Total Gains per Share
$-0.31
Return On Investment
-19.6%

For what price can you sell your share?

Current Price per Share
$1.56
Expected price per share
$0 - $1.92
How sure are you?
50%

1. Valuation of Largo Resources Ltd (5 min.)




Live pricePrice per Share (EOD)

$1.56

Intrinsic Value Per Share

$-16.05 - $6.52

Total Value Per Share

$-11.95 - $10.63

2. Growth of Largo Resources Ltd (5 min.)




Is Largo Resources Ltd growing?

Current yearPrevious yearGrowGrow %
How rich?$262.8m$282.7m-$8.7m-3.2%

How much money is Largo Resources Ltd making?

Current yearPrevious yearGrowGrow %
Making money-$8.5m$3.5m-$12m-142.3%
Net Profit Margin-17.9%3.4%--

How much money comes from the company's main activities?

3. Financial Health of Largo Resources Ltd (5 min.)




4. Comparing to competitors in the Other Industrial Metals & Mining industry (5 min.)




  Industry Rankings (Other Industrial Metals & Mining)  


Richest
#132 / 897

Most Revenue
#138 / 897

Most Profit
#809 / 897

Most Efficient
#621 / 897

What can you expect buying and holding a share of Largo Resources Ltd? (5 min.)

Welcome investor! Largo Resources Ltd's management wants to use your money to grow the business. In return you get a share of Largo Resources Ltd.

What can you expect buying and holding a share of Largo Resources Ltd?

First you should know what it really means to hold a share of Largo Resources Ltd. And how you can make/lose money.

Speculation

The Price per Share of Largo Resources Ltd is $1.56. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Largo Resources Ltd.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Largo Resources Ltd, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is $4.10. Based on the TTM, the Book Value Change Per Share is $-0.08 per quarter. Based on the YOY, the Book Value Change Per Share is $0.08 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is $0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Largo Resources Ltd.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 $% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share$% of Price per Share
Usd Eps-0.18-11.4%-0.15-9.6%0.063.7%0.042.4%0.010.3%
Usd Book Value Change Per Share-0.29-18.7%-0.08-4.9%0.085.4%0.053.1%0.042.3%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.29-18.7%-0.08-4.9%0.085.4%0.053.1%0.042.3%
Usd Price Per Share2.83-4.42-8.52-5.08-2.87-
Price to Earnings Ratio-3.98--8.95-11.18-4.87--0.63-
Price-to-Total Gains Ratio-9.70-29.50-22.91--16.41--7.87-
Price to Book Ratio0.69-1.03-1.95-1.22-0.92-
Price-to-Total Gains Ratio-9.70-29.50-22.91--16.41--7.87-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.56
Number of shares641
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.080.05
Usd Total Gains Per Share-0.080.05
Gains per Quarter (641 shares)-48.9130.71
Gains per Year (641 shares)-195.64122.83
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
11-196-2060123113
22-393-4020245236
32-589-5980368359
43-786-7941491482
54-982-9901613605
65-1179-11861736728
76-1375-13821859851
86-1572-15781981974
97-1768-1774111041097
108-1964-1970212271220

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%6.06.00.050.0%9.011.00.045.0%15.025.00.037.5%18.069.00.020.7%
Book Value Change Per Share2.02.00.050.0%6.06.00.050.0%8.012.00.040.0%19.021.00.047.5%50.037.00.057.5%
Dividend per Share1.00.03.025.0%1.00.011.08.3%1.00.019.05.0%1.00.039.02.5%2.00.085.02.3%
Total Gains per Share2.02.00.050.0%6.06.00.050.0%8.012.00.040.0%19.021.00.047.5%50.037.00.057.5%

Fundamentals of Largo Resources Ltd

About Largo Resources Ltd

Largo Inc. engages in the development and sale of vanadium-based energy storage systems in Canada. The company operates through, Sales & Trading, Mine Properties, Corporate, Exploration and Evaluation Properties, and Largo Clean Energy and Largo Physical Vanadium Segments. Its products include VPURE+ vanadium flakes that are used in the production of master alloys and aerospace applications; VPURE vanadium flakes ferrovanadium and vanadium carbon nitride for the steel industry; and VPURE+ vanadium powder for catalyst applications. The company offers renewable energy storage solutions through Largo Clean Energy. Its products are sourced from vanadium deposits at the Maracás Menchen Mine in Brazil. The company was formerly known as Largo Resources Ltd. and changed its name to Largo Inc. in November 2021. Largo Inc. was incorporated in 1988 and is headquartered in Toronto, Canada.

Fundamental data was last updated by Penke on 2024-03-20 22:37:07.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is underpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Largo Resources Ltd.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Largo Resources Ltd earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare Largo Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Net Profit Margin of -25.9% means that $-0.26 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Largo Resources Ltd:

  • The MRQ is -25.9%. The company is making a huge loss. -2
  • The TTM is -17.9%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-25.9%TTM-17.9%-8.0%
TTM-17.9%YOY3.4%-21.3%
TTM-17.9%5Y-6.0%-12.0%
5Y-6.0%10Y-17.8%+11.9%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-25.9%-36.1%+10.2%
TTM-17.9%-40.5%+22.6%
YOY3.4%-50.7%+54.1%
5Y-6.0%-330.2%+324.2%
10Y-17.8%-750.2%+732.4%
1.1.2. Return on Assets

Shows how efficient Largo Resources Ltd is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Largo Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -3.1% Return on Assets means that Largo Resources Ltd generated $-0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Largo Resources Ltd:

  • The MRQ is -3.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -2.3%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-3.1%TTM-2.3%-0.8%
TTM-2.3%YOY1.0%-3.3%
TTM-2.3%5Y0.7%-3.0%
5Y0.7%10Y-0.4%+1.0%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.1%-6.0%+2.9%
TTM-2.3%-6.8%+4.5%
YOY1.0%-5.9%+6.9%
5Y0.7%-9.2%+9.9%
10Y-0.4%-12.0%+11.6%
1.1.3. Return on Equity

Shows how efficient Largo Resources Ltd is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Largo Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • -4.5% Return on Equity means Largo Resources Ltd generated $-0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Largo Resources Ltd:

  • The MRQ is -4.5%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -3.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.5%TTM-3.2%-1.2%
TTM-3.2%YOY1.2%-4.5%
TTM-3.2%5Y0.9%-4.1%
5Y0.9%10Y-7.6%+8.5%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.5%-6.9%+2.4%
TTM-3.2%-7.5%+4.3%
YOY1.2%-6.2%+7.4%
5Y0.9%-9.9%+10.8%
10Y-7.6%-12.8%+5.2%

1.2. Operating Efficiency of Largo Resources Ltd.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Largo Resources Ltd is operating .

  • Measures how much profit Largo Resources Ltd makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Largo Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • An Operating Margin of -22.2% means the company generated $-0.22  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Largo Resources Ltd:

  • The MRQ is -22.2%. The company is operating very inefficient. -2
  • The TTM is -7.7%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-22.2%TTM-7.7%-14.5%
TTM-7.7%YOY10.6%-18.4%
TTM-7.7%5Y6.8%-14.5%
5Y6.8%10Y-35.1%+41.8%
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ-22.2%-285.5%+263.3%
TTM-7.7%-46.7%+39.0%
YOY10.6%-76.4%+87.0%
5Y6.8%-361.7%+368.5%
10Y-35.1%-693.1%+658.0%
1.2.2. Operating Ratio

Measures how efficient Largo Resources Ltd is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • An Operation Ratio of 1.23 means that the operating costs are $1.23 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of Largo Resources Ltd:

  • The MRQ is 1.235. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.087. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.235TTM1.087+0.148
TTM1.087YOY0.897+0.190
TTM1.0875Y0.931+0.156
5Y0.93110Y0.757+0.174
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2351.949-0.714
TTM1.0871.923-0.836
YOY0.8972.082-1.185
5Y0.9314.850-3.919
10Y0.7578.674-7.917

1.3. Liquidity of Largo Resources Ltd.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Largo Resources Ltd is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A Current Ratio of 2.97 means the company has $2.97 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of Largo Resources Ltd:

  • The MRQ is 2.974. The company is able to pay all its short-term debts. +1
  • The TTM is 3.371. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ2.974TTM3.371-0.397
TTM3.371YOY3.368+0.003
TTM3.3715Y3.229+0.142
5Y3.22910Y2.068+1.161
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ2.9742.373+0.601
TTM3.3712.608+0.763
YOY3.3683.429-0.061
5Y3.2294.122-0.893
10Y2.0684.619-2.551
1.3.2. Quick Ratio

Measures if Largo Resources Ltd is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Largo Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Quick Ratio of 1.47 means the company can pay off $1.47 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Largo Resources Ltd:

  • The MRQ is 1.470. The company is able to pay all its short-term debts with the most liquid assets. +1
  • The TTM is 1.786. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.470TTM1.786-0.316
TTM1.786YOY1.915-0.130
TTM1.7865Y2.144-0.358
5Y2.14410Y1.412+0.732
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4700.893+0.577
TTM1.7860.856+0.930
YOY1.9151.119+0.796
5Y2.1441.324+0.820
10Y1.4121.428-0.016

1.4. Solvency of Largo Resources Ltd.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Largo Resources Ltd assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Largo Resources Ltd to Other Industrial Metals & Mining industry mean.
  • A Debt to Asset Ratio of 0.29 means that Largo Resources Ltd assets are financed with 29.4% credit (debt) and the remaining percentage (100% - 29.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Largo Resources Ltd:

  • The MRQ is 0.294. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.271. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.294TTM0.271+0.023
TTM0.271YOY0.173+0.097
TTM0.2715Y0.209+0.062
5Y0.20910Y0.470-0.261
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.2940.192+0.102
TTM0.2710.190+0.081
YOY0.1730.151+0.022
5Y0.2090.212-0.003
10Y0.4700.238+0.232
1.4.2. Debt to Equity Ratio

Measures if Largo Resources Ltd is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Largo Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A Debt to Equity ratio of 43.0% means that company has $0.43 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Largo Resources Ltd:

  • The MRQ is 0.430. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.385. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.430TTM0.385+0.045
TTM0.385YOY0.212+0.173
TTM0.3855Y0.274+0.111
5Y0.27410Y2.459-2.185
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4300.194+0.236
TTM0.3850.207+0.178
YOY0.2120.155+0.057
5Y0.2740.227+0.047
10Y2.4590.249+2.210

2. Market Valuation of Largo Resources Ltd

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Largo Resources Ltd generates.

  • Above 15 is considered overpriced but always compare Largo Resources Ltd to the Other Industrial Metals & Mining industry mean.
  • A PE ratio of -3.98 means the investor is paying $-3.98 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Largo Resources Ltd:

  • The EOD is -2.192. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.976. Based on the earnings, the company is expensive. -2
  • The TTM is -8.953. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-2.192MRQ-3.976+1.784
MRQ-3.976TTM-8.953+4.977
TTM-8.953YOY11.180-20.133
TTM-8.9535Y4.871-13.824
5Y4.87110Y-0.634+5.505
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-2.192-3.757+1.565
MRQ-3.976-5.001+1.025
TTM-8.953-5.557-3.396
YOY11.180-8.469+19.649
5Y4.871-10.469+15.340
10Y-0.634-11.327+10.693
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Largo Resources Ltd:

  • The EOD is -1.086. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -1.969. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.304. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-1.086MRQ-1.969+0.884
MRQ-1.969TTM-0.304-1.666
TTM-0.304YOY-27.993+27.690
TTM-0.3045Y-7.650+7.346
5Y-7.65010Y-3.767-3.883
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD-1.086-3.890+2.804
MRQ-1.969-5.447+3.478
TTM-0.304-6.302+5.998
YOY-27.993-8.457-19.536
5Y-7.650-12.796+5.146
10Y-3.767-13.886+10.119
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Largo Resources Ltd is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other Industrial Metals & Mining industry mean).
  • A PB ratio of 0.69 means the investor is paying $0.69 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of Largo Resources Ltd:

  • The EOD is 0.380. Based on the equity, the company is cheap. +2
  • The MRQ is 0.690. Based on the equity, the company is cheap. +2
  • The TTM is 1.031. Based on the equity, the company is underpriced. +1
Trends
Current periodCompared to+/- 
EOD0.380MRQ0.690-0.309
MRQ0.690TTM1.031-0.341
TTM1.031YOY1.952-0.921
TTM1.0315Y1.219-0.189
5Y1.21910Y0.924+0.295
Compared to industry (Other Industrial Metals & Mining)
PeriodCompanyIndustry (mean)+/- 
EOD0.3801.164-0.784
MRQ0.6901.506-0.816
TTM1.0311.591-0.560
YOY1.9522.243-0.291
5Y1.2192.497-1.278
10Y0.9242.940-2.016
2. Total Gains per Share

3. Holders & Insider Transactions

Let's take a look at which institutions, funds and insiders are holding shares of Largo Resources Ltd.

3.1. Institutions holding Largo Resources Ltd

Institutions are holding 65.958% of the shares of Largo Resources Ltd.

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31Arias Resource Capital GP Ltd.43.77611002803902000
2023-12-31West Family Investments LLC8.70034.3654557263700
2023-12-31Grantham, Mayo, Van Otterloo & Co., LLC8.26180.0545291767-9700-0.183
2023-12-31JPMorgan Chase & Co0.38620.000424739424608518799.4652
2023-12-31SPROTT INC.0.24490.0326156873135973650.5885
2023-12-31Millennium Management LLC0.23920.00021531951970814.764
2023-12-31Susquehanna International Group, LLP0.18710.00011198485381881.5054
2023-09-30Claybrook Capital, LLC0.1550.16089929500
2023-12-31Lido Advisors, LLC0.1550.001699295992950
2023-12-31Renaissance Technologies Corp0.14270.000391400914000
2023-12-31Goldman Sachs Group Inc0.100106410432052100
2023-12-31Barclays PLC0.08760.00015608000
2023-12-31Cresset Asset Management, LLC0.07810.00075000000
2023-12-31Morgan Stanley - Brokerage Accounts0.0621039795778824.3322
2023-12-31Geode Capital Management, LLC0.05603586900
2023-12-31CIBC World Markets Inc.0.03340.00012138000
2023-12-31Compagnie Lombard, Odier SCA0.02240.000614370-14300-49.8779
2023-12-31The Toronto-Dominion Bank0.0199012741-12889-50.2887
2023-12-31Inscription Capital, LLC0.01950.007912500-5000-28.5714
2023-12-31Dimensional Fund Advisors, Inc.0.01801156000
Total 62.7454104.624840189123+644230+1.6%

3.2. Funds holding Largo Resources Ltd

DateNameTotal SharesTotal AssetsCurrent SharesChange%
2023-12-31GMO Resources Composite1.98830.1402127350900
2023-12-31GMO Resources III1.98830.1402127350900
2024-02-29Bakersteel Glb Fds SICAV– Elctm I2 EUR1.82810.9961117094200
2023-12-31GMO Climate Change Composite1.57440.2808100839200
2023-12-31GMO Climate Change III1.57440.2808100839200
2023-12-31GMO Climate Change Investment A GBP Acc1.57380.2737100803400
2023-12-31Ixios Energy Metals P1.01481.7235650000-50000-7.1429
2023-12-31GMO Resource Transition Composite0.82950.883553130000
2023-11-30Multipartner Konwave Transtn Mtls C CHF0.78470.2951502609-9496-1.8543
2023-12-31GMO Resources UCITS A USD Acc0.27990.17717925800
2023-12-31GMO Climate Change Select Invm D USD Acc0.27970.3061179125-214746-54.5219
2024-02-29ES Baker Steel Electrum S Acc0.25030.87416030000
2023-11-30GMO Implementation0.17330.006411097200
2023-12-31GMO Benchmark-Free Allocation III0.17330.00661109721109720
2023-12-31Russell Inv Tax-Managed Real Assets M0.14190.022790890908900
2023-07-31Dimensional Canadian Small Company0.11020.02437058500
2024-01-31DFA International Small Company I0.10650.00126819770.0103
2024-01-31DFA International Core Equity I0.09220.00045904000
2023-05-31BlackRock MSCI ACWI ex-US IMI Idx Fund J0.05630.000536054360540
2024-01-31Fidelity Nasdaq Composite Index0.0560.00053586900
Total 14.87596.43369527949-36319-0.4%

4. Summary

4.1. Key Performance Indicators

The key performance indicators of Largo Resources Ltd compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.292-0.077-74%0.084-448%0.048-710%0.036-901%
Book Value Per Share--4.1044.275-4%4.369-6%4.130-1%2.777+48%
Current Ratio--2.9743.371-12%3.368-12%3.229-8%2.068+44%
Debt To Asset Ratio--0.2940.271+9%0.173+70%0.209+41%0.470-37%
Debt To Equity Ratio--0.4300.385+12%0.212+103%0.274+57%2.459-83%
Dividend Per Share---0.000-100%-0%0.000-100%0.000-100%
Eps---0.178-0.150-16%0.057-410%0.037-581%0.005-3611%
Free Cash Flow Per Share---0.359-0.196-45%-0.089-75%0.028-1406%0.010-3593%
Free Cash Flow To Equity Per Share---0.378-0.015-96%-0.079-79%-0.020-95%0.004-9224%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--6.525--------
Intrinsic Value_10Y_min---16.053--------
Intrinsic Value_1Y_max--0.130--------
Intrinsic Value_1Y_min---0.527--------
Intrinsic Value_3Y_max--0.790--------
Intrinsic Value_3Y_min---2.530--------
Intrinsic Value_5Y_max--1.931--------
Intrinsic Value_5Y_min---5.554--------
Market Cap99919560.000-81%181264330.000283328690.000-36%551444357.500-67%329010094.770-45%185849096.395-2%
Net Profit Margin---0.259-0.179-31%0.034-863%-0.060-77%-0.178-31%
Operating Margin---0.222-0.077-65%0.106-309%0.068-429%-0.351+58%
Operating Ratio--1.2351.087+14%0.897+38%0.931+33%0.757+63%
Pb Ratio0.380-81%0.6901.031-33%1.952-65%1.219-43%0.924-25%
Pe Ratio-2.192+45%-3.976-8.953+125%11.180-136%4.871-182%-0.634-84%
Price Per Share1.560-81%2.8304.420-36%8.518-67%5.084-44%2.874-2%
Price To Free Cash Flow Ratio-1.086+45%-1.969-0.304-85%-27.993+1321%-7.650+288%-3.767+91%
Price To Total Gains Ratio-5.346+45%-9.69729.501-133%22.912-142%-16.412+69%-7.875-19%
Quick Ratio--1.4701.786-18%1.915-23%2.144-31%1.412+4%
Return On Assets---0.031-0.023-25%0.010-406%0.007-550%-0.004-89%
Return On Equity---0.045-0.032-28%0.012-464%0.009-622%-0.076+70%
Total Gains Per Share---0.292-0.076-74%0.084-448%0.048-709%0.036-900%
Usd Book Value--262864000.000273965000.000-4%282710250.000-7%265827546.042-1%178603661.099+47%
Usd Book Value Change Per Share---0.292-0.077-74%0.084-448%0.048-710%0.036-901%
Usd Book Value Per Share--4.1044.275-4%4.369-6%4.130-1%2.777+48%
Usd Dividend Per Share---0.000-100%-0%0.000-100%0.000-100%
Usd Eps---0.178-0.150-16%0.057-410%0.037-581%0.005-3611%
Usd Free Cash Flow---23010000.000-12577000.000-45%-5750250.000-75%1774518.912-1397%689730.965-3436%
Usd Free Cash Flow Per Share---0.359-0.196-45%-0.089-75%0.028-1406%0.010-3593%
Usd Free Cash Flow To Equity Per Share---0.378-0.015-96%-0.079-79%-0.020-95%0.004-9224%
Usd Market Cap99919560.000-81%181264330.000283328690.000-36%551444357.500-67%329010094.770-45%185849096.395-2%
Usd Price Per Share1.560-81%2.8304.420-36%8.518-67%5.084-44%2.874-2%
Usd Profit---11397000.000-8500750.000-25%3593500.000-417%2588271.494-540%449312.413-2637%
Usd Revenue--43983000.00050503750.000-13%58019000.000-24%46245276.960-5%34657939.147+27%
Usd Total Gains Per Share---0.292-0.076-74%0.084-448%0.048-709%0.036-900%
 EOD+3 -5MRQTTM+3 -32YOY+3 -305Y+4 -3110Y+13 -22

4.2. Fundamental Score

Let's check the fundamental score of Largo Resources Ltd based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-2.192
Price to Book Ratio (EOD)Between0-10.380
Net Profit Margin (MRQ)Greater than0-0.259
Operating Margin (MRQ)Greater than0-0.222
Quick Ratio (MRQ)Greater than11.470
Current Ratio (MRQ)Greater than12.974
Debt to Asset Ratio (MRQ)Less than10.294
Debt to Equity Ratio (MRQ)Less than10.430
Return on Equity (MRQ)Greater than0.15-0.045
Return on Assets (MRQ)Greater than0.05-0.031
Total5/10 (50.0%)

4.3. Technical Score

Let's check the technical score of Largo Resources Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.628
Ma 20Greater thanMa 501.735
Ma 50Greater thanMa 1001.883
Ma 100Greater thanMa 2002.039
OpenGreater thanClose1.520
Total0/5 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets372,246
Total Liabilities109,382
Total Stockholder Equity254,361
 As reported
Total Liabilities 109,382
Total Stockholder Equity+ 254,361
Total Assets = 372,246

Assets

Total Assets372,246
Total Current Assets137,153
Long-term Assets235,093
Total Current Assets
Cash And Cash Equivalents 39,572
Net Receivables 28,214
Inventory 62,647
Other Current Assets 6,720
Total Current Assets  (as reported)137,153
Total Current Assets  (calculated)137,153
+/-0
Long-term Assets
Property Plant Equipment 201,077
Intangible Assets 6,461
Long-term Assets Other 23,298
Long-term Assets  (as reported)235,093
Long-term Assets  (calculated)230,836
+/- 4,257

Liabilities & Shareholders' Equity

Total Current Liabilities46,118
Long-term Liabilities63,264
Total Stockholder Equity254,361
Total Current Liabilities
Short-term Debt 8,595
Accounts payable 26,724
Other Current Liabilities 7,340
Total Current Liabilities  (as reported)46,118
Total Current Liabilities  (calculated)42,659
+/- 3,459
Long-term Liabilities
Long term Debt 57,000
Capital Lease Obligations 1,661
Other Liabilities 5,198
Long-term Liabilities Other 164
Long-term Liabilities  (as reported)63,264
Long-term Liabilities  (calculated)64,023
+/- 759
Total Stockholder Equity
Common Stock412,291
Retained Earnings -65,702
Accumulated Other Comprehensive Income -104,205
Other Stockholders Equity 11,977
Total Stockholder Equity (as reported)254,361
Total Stockholder Equity (calculated)254,361
+/-0
Other
Capital Stock412,291
Cash and Short Term Investments 39,572
Common Stock Shares Outstanding 64,050
Current Deferred Revenue3,459
Liabilities and Stockholders Equity 372,246
Net Debt 27,089
Net Invested Capital 311,361
Net Tangible Assets 247,900
Net Working Capital 91,035
Property Plant and Equipment Gross 375,925
Short Long Term Debt Total 66,661



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-09-302018-06-302018-03-312017-12-312017-09-302017-06-302017-03-312016-12-312016-09-302016-06-302016-03-312015-12-312015-09-302015-06-302015-03-312014-12-312014-09-302014-06-302014-03-312013-12-312013-09-302013-06-302013-03-312012-12-312012-09-302012-06-302012-03-312011-12-312011-09-302011-06-302011-03-312010-12-312010-09-302010-06-302010-03-312009-12-312009-09-302009-06-302009-03-312008-12-312008-09-302008-06-302008-03-312007-12-312007-09-302007-06-302007-03-312006-12-312006-09-302006-06-302006-03-312005-12-312005-09-302005-06-302005-03-312004-12-312004-09-302004-06-302004-03-312003-12-312003-09-302003-06-302003-03-312002-12-312002-09-302002-06-302002-03-31
> Total Assets 
5
32
15
89
88
85
413
317
2,834
2,601
2,685
2,994
3,603
3,449
4,283
4,320
5,861
6,624
4,671
6,426
7,674
16,844
18,822
21,727
23,354
37,900
38,481
36,309
34,843
37,629
42,417
44,781
54,688
54,834
61,861
65,113
74,339
179,683
174,830
177,165
202,310
198,459
235,411
243,173
275,084
271,920
334,183
346,295
373,616
397,254
379,440
359,931
306,749
309,374
251,672
227,543
257,570
271,447
262,612
262,849
272,559
268,609
289,463
295,283
314,924
482,521
359,109
405,883
356,931
375,459
339,085
356,831
325,635
268,874
272,099
297,806
261,018
318,276
315,577
313,909
348,755
358,739
347,569
355,750
382,444
393,319
372,246
372,246393,319382,444355,750347,569358,739348,755313,909315,577318,276261,018297,806272,099268,874325,635356,831339,085375,459356,931405,883359,109482,521314,924295,283289,463268,609272,559262,849262,612271,447257,570227,543251,672309,374306,749359,931379,440397,254373,616346,295334,183271,920275,084243,173235,411198,459202,310177,165174,830179,68374,33965,11361,86154,83454,68844,78142,41737,62934,84336,30938,48137,90023,35421,72718,82216,8447,6746,4264,6716,6245,8614,3204,2833,4493,6032,9942,6852,6012,83431741385888915325
   > Total Current Assets 
5
32
8
21
16
8
336
312
2,193
1,712
1,289
913
1,155
677
796
388
1,806
750
516
1,583
1,493
7,825
4,273
2,024
1,806
8,802
2,764
730
1,032
221
601
977
1,353
700
2,470
1,850
16,323
105,349
92,425
81,598
95,024
78,799
84,849
59,526
52,705
26,393
41,100
34,660
30,001
28,774
22,881
18,263
10,597
44,341
23,781
14,209
24,228
18,539
17,908
23,965
30,192
36,859
47,450
70,855
93,765
260,251
154,784
210,341
163,343
168,125
141,713
156,164
168,166
119,823
128,077
137,297
110,606
152,268
162,535
159,978
173,071
190,573
172,253
154,144
162,735
160,328
137,153
137,153160,328162,735154,144172,253190,573173,071159,978162,535152,268110,606137,297128,077119,823168,166156,164141,713168,125163,343210,341154,784260,25193,76570,85547,45036,85930,19223,96517,90818,53924,22814,20923,78144,34110,59718,26322,88128,77430,00134,66041,10026,39352,70559,52684,84978,79995,02481,59892,425105,34916,3231,8502,4707001,3539776012211,0327302,7648,8021,8062,0244,2737,8251,4931,5835167501,8063887966771,1559131,2891,7122,193312336816218325
       Cash And Cash Equivalents 
0
26
0
10
0
0
327
304
2,164
1,685
1,250
863
1,083
585
702
295
1,695
614
424
1,260
1,134
6,946
3,863
1,241
473
7,346
1,573
595
906
168
499
868
1,263
579
2,258
1,366
7,229
16,442
9,042
7,272
18,467
3,414
3,356
2,155
4,633
2,781
1,652
15,974
14,276
17,224
3,921
9,838
2,845
33,449
13,450
2,067
12,413
2,920
1,280
564
8,326
9,537
12,937
43,519
38,860
64,016
99,118
151,383
142,825
144,941
116,947
127,138
145,351
78,215
74,895
79,145
48,693
80,669
87,567
83,790
78,394
52,878
62,713
54,471
61,575
63,980
39,572
39,57263,98061,57554,47162,71352,87878,39483,79087,56780,66948,69379,14574,89578,215145,351127,138116,947144,941142,825151,38399,11864,01638,86043,51912,9379,5378,3265641,2802,92012,4132,06713,45033,4492,8459,8383,92117,22414,27615,9741,6522,7814,6332,1553,3563,41418,4677,2729,04216,4427,2291,3662,2585791,2638684991689065951,5737,3464731,2413,8636,9461,1341,2604246141,6952957025851,0838631,2501,6852,16430432700100260
       Net Receivables 
5
2
3
1
6
0
0
0
29
25
38
39
56
57
69
77
83
92
50
289
324
374
148
750
1,303
990
508
118
77
38
54
37
47
40
147
343
308
509
580
228
859
1,253
933
473
672
668
1,505
1,795
1,106
1,652
3,486
4,328
4,105
5,817
5,279
3,361
4,308
6,910
8,688
13,291
10,066
11,318
22,782
11,879
39,932
32,221
46,024
45,931
2,684
4,714
3,870
6,139
5,680
9,631
13,824
19,097
21,175
25,689
22,790
23,684
25,323
34,237
25,872
20,975
33,808
23,984
28,214
28,21423,98433,80820,97525,87234,23725,32323,68422,79025,68921,17519,09713,8249,6315,6806,1393,8704,7142,68445,93146,02432,22139,93211,87922,78211,31810,06613,2918,6886,9104,3083,3615,2795,8174,1054,3283,4861,6521,1061,7951,5056686724739331,2538592285805093083431474047375438771185089901,303750148374324289509283776957563938252900061325
       Other Current Assets 
0
0
0
5
7
3
5
7
0
1
1
10
17
35
25
17
28
44
42
35
34
505
261
33
31
466
683
18
48
15
49
73
44
81
65
141
8,786
88,398
82,713
73,462
75,257
73,864
80,374
56,640
47,137
22,621
37,552
16,610
14,335
9,052
13,753
1,190
1,012
1,830
2,088
4,139
225
547
445
1,885
2,286
6,942
1,592
4,515
4,485
154,917
1,073
2,476
4,877
4,869
1,710
1,703
1,515
2,128
3,488
3,718
3,966
5,452
6,861
7,182
6,696
34,612
12,982
14,477
10,499
9,200
6,720
6,7209,20010,49914,47712,98234,6126,6967,1826,8615,4523,9663,7183,4882,1281,5151,7031,7104,8694,8772,4761,073154,9174,4854,5151,5926,9422,2861,8854455472254,1392,0881,8301,0121,19013,7539,05214,33516,61037,55222,62147,13756,64080,37473,86475,25773,46282,71388,3988,786141658144734915481868346631332615053435424428172535171011075375000
   > Long-term Assets 
0
0
7
67
72
78
77
5
641
889
1,395
2,081
2,448
2,773
3,487
3,931
4,055
5,874
4,155
4,843
6,181
9,019
14,549
19,703
21,547
29,098
35,717
35,579
33,811
37,408
41,816
43,804
53,334
54,133
59,390
63,262
58,016
74,334
82,405
95,568
107,286
119,660
150,562
183,647
222,379
245,527
293,084
311,634
343,615
368,479
356,559
341,668
296,152
265,033
227,891
213,334
233,342
252,909
244,704
238,884
242,366
231,750
242,013
224,428
221,159
222,270
204,324
195,542
193,588
207,334
197,372
200,668
157,469
149,051
144,022
160,509
150,412
166,008
153,042
153,931
175,684
168,166
175,316
201,606
219,709
232,991
235,093
235,093232,991219,709201,606175,316168,166175,684153,931153,042166,008150,412160,509144,022149,051157,469200,668197,372207,334193,588195,542204,324222,270221,159224,428242,013231,750242,366238,884244,704252,909233,342213,334227,891265,033296,152341,668356,559368,479343,615311,634293,084245,527222,379183,647150,562119,660107,28695,56882,40574,33458,01663,26259,39054,13353,33443,80441,81637,40833,81135,57935,71729,09821,54719,70314,5499,0196,1814,8434,1555,8744,0553,9313,4872,7732,4482,0811,395889641577787267700
       Property Plant Equipment 
0
0
0
67
72
78
77
5
641
889
1,395
2,081
2,448
2,773
3,487
3,931
4,055
5,874
4,155
3,980
5,352
9,019
14,549
19,661
21,312
29,057
35,677
34,582
33,777
37,372
41,816
43,423
53,334
54,133
59,390
62,905
53,911
69,933
77,448
94,000
106,820
119,467
145,647
166,344
201,234
226,889
265,932
310,180
338,855
361,953
356,543
335,233
290,719
259,183
223,163
213,334
233,342
252,909
244,704
238,884
242,366
231,750
242,013
224,428
221,159
189,315
182,721
181,680
181,679
195,499
186,205
190,116
148,863
142,348
137,879
148,965
139,394
158,238
147,181
146,659
168,245
158,902
158,689
175,237
186,573
199,701
201,077
201,077199,701186,573175,237158,689158,902168,245146,659147,181158,238139,394148,965137,879142,348148,863190,116186,205195,499181,679181,680182,721189,315221,159224,428242,013231,750242,366238,884244,704252,909233,342213,334223,163259,183290,719335,233356,543361,953338,855310,180265,932226,889201,234166,344145,647119,467106,82094,00077,44869,93353,91162,90559,39054,13353,33443,42341,81637,37233,77734,58235,67729,05721,31219,66114,5499,0195,3523,9804,1555,8744,0553,9313,4872,7732,4482,0811,395889641577787267000
       Intangible Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,366
4,257
4,148
4,039
3,929
4,793
5,593
7,369
7,263
7,001
6,749
6,461
6,4616,7497,0017,2637,3695,5934,7933,9294,0394,1484,2574,366000000000000000000000000000000000000000000000000000000000000000000000000000
       Other Assets 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
8,611
6,703
6,143
7,178
6,761
3,622
1,822
3,343
2,646
3,671
4,262
4,596
0
2,141
4,257
4,2572,14104,5964,2623,6712,6463,3431,8223,6226,7617,1786,1436,7038,611000000000000000000000000000000000000000000000000000000000000000000000000
> Total Liabilities 
64
73
57
43
63
86
11
11
12
33
72
303
278
263
359
484
505
773
689
329
467
939
1,863
8,222
6,314
7,366
10,158
11,203
9,654
10,343
11,203
11,985
13,761
15,231
17,142
18,797
21,362
94,419
90,733
81,893
91,871
91,355
56,227
62,026
87,900
103,181
164,717
170,610
191,417
213,699
227,155
217,164
218,039
207,742
201,080
203,804
209,276
227,485
233,377
242,890
246,980
249,508
257,037
236,151
221,753
330,893
155,164
117,544
70,810
99,145
79,593
85,397
92,022
44,960
49,263
50,642
18,405
48,108
47,736
48,212
57,250
68,326
64,343
81,196
105,558
111,763
109,382
109,382111,763105,55881,19664,34368,32657,25048,21247,73648,10818,40550,64249,26344,96092,02285,39779,59399,14570,810117,544155,164330,893221,753236,151257,037249,508246,980242,890233,377227,485209,276203,804201,080207,742218,039217,164227,155213,699191,417170,610164,717103,18187,90062,02656,22791,35591,87181,89390,73394,41921,36218,79717,14215,23113,76111,98511,20310,3439,65411,20310,1587,3666,3148,2221,8639394673296897735054843592632783037233121111866343577364
   > Total Current Liabilities 
64
73
57
43
63
86
11
11
12
33
72
95
71
59
144
66
88
337
253
329
467
939
1,863
8,222
6,314
2,004
2,704
2,760
1,394
1,261
1,031
1,274
329
1,020
2,401
1,673
19,319
90,695
87,717
79,467
89,648
90,520
6,021
9,753
12,389
12,483
20,313
27,817
40,889
51,605
57,282
69,730
80,740
48,460
59,762
72,288
41,043
49,533
58,008
69,996
71,108
82,627
92,522
97,159
76,058
206,462
21,854
111,035
64,150
91,830
72,617
78,069
85,849
39,067
43,406
44,347
12,965
39,849
40,825
41,668
48,367
61,626
58,156
38,973
43,390
57,181
46,118
46,11857,18143,39038,97358,15661,62648,36741,66840,82539,84912,96544,34743,40639,06785,84978,06972,61791,83064,150111,03521,854206,46276,05897,15992,52282,62771,10869,99658,00849,53341,04372,28859,76248,46080,74069,73057,28251,60540,88927,81720,31312,48312,3899,7536,02190,52089,64879,46787,71790,69519,3191,6732,4011,0203291,2741,0311,2611,3942,7602,7042,0046,3148,2221,86393946732925333788661445971957233121111866343577364
       Short-term Debt 
0
0
0
0
0
15
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
115
0
0
0
0
0
0
609
0
5,999
1,106
1,710
2,317
14,137
14,061
2,105
1,466
0
0
4,753
13,113
23,556
33,320
25,827
45,848
48,360
17,293
22,415
30,974
23,445
27,900
30,785
36,781
38,922
48,142
58,055
58,173
43,510
181,359
0
86,161
22,996
22,303
0
0
24,827
24,788
24,788
24,788
585
15,509
15,558
15,563
15,567
15,572
15,576
4,581
9,586
18,590
8,595
8,59518,5909,5864,58115,57615,57215,56715,56315,55815,50958524,78824,78824,78824,8270022,30322,99686,1610181,35943,51058,17358,05548,14238,92236,78130,78527,90023,44530,97422,41517,29348,36045,84825,82733,32023,55613,1134,753001,4662,10514,06114,1372,3171,7101,1065,99906090000001150000000000000000000001500000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
24,827
24,788
24,788
24,788
0
15,000
15,000
15,000
15,000
15,000
15,000
4,000
9,000
18,000
0
018,0009,0004,00015,00015,00015,00015,00015,00015,000024,78824,78824,78824,827000000000000000000000000000000000000000000000000000000000000000000000000
       Accounts payable 
57
65
57
43
63
71
11
11
12
33
72
95
71
59
144
66
88
337
253
329
467
939
1,863
3,702
1,965
2,004
2,704
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3,054
2,932
5,093
6,737
5,702
7,482
7,707
10,451
10,477
10,277
11,789
9,981
13,999
12,295
13,186
14,588
18,483
19,092
18,518
13,760
16,647
14,024
13,868
13,885
17,699
37,305
65,092
69,846
74,907
58,796
9,050
6,740
12,289
8,084
12,633
10,763
14,050
18,817
31,424
32,916
26,622
25,022
28,489
26,724
26,72428,48925,02226,62232,91631,42418,81714,05010,76312,6338,08412,2896,7409,05058,79674,90769,84665,09237,30517,69913,88513,86814,02416,64713,76018,51819,09218,48314,58813,18612,29513,9999,98111,78910,27710,47710,4517,7077,4825,7026,7375,0932,9323,05400000000000000002,7042,0041,9653,7021,86393946732925333788661445971957233121111716343576557
       Other Current Liabilities 
7
8
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,520
4,349
0
0
2,645
1,394
1,261
1,031
1,274
329
1,020
1,792
1,673
13,319
89,589
86,007
77,151
75,511
76,459
3,916
4,997
9,457
7,390
8,533
8,609
9,595
10,404
5,361
13,259
22,103
19,378
27,365
26,901
4,778
7,857
12,180
14,490
12,967
15,853
20,483
21,908
15,528
4,929
7,969
3,328
2,851
3,480
2,772
3,162
1,842
3,197
3,206
4,047
3,152
6,197
10,617
6,586
6,914
43,530
6,254
6,072
6,516
6,964
7,340
7,3406,9646,5166,0726,25443,5306,9146,58610,6176,1973,1524,0473,2063,1971,8423,1622,7723,4802,8513,3287,9694,92915,52821,90820,48315,85312,96714,49012,1807,8574,77826,90127,36519,37822,10313,2595,36110,4049,5958,6098,5337,3909,4574,9973,91676,45975,51177,15186,00789,58913,3191,6731,7921,0203291,2741,0311,2611,3942,645004,3494,52000000000000000000000087
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
0
0
208
207
204
215
418
417
436
435
0
0
0
0
0
0
5,362
7,454
8,443
8,261
9,082
10,172
10,711
13,431
14,211
14,741
17,124
2,043
3,724
3,016
2,425
2,223
835
50,205
52,273
75,511
90,697
144,405
142,792
150,528
162,094
169,873
147,434
137,299
159,282
141,318
131,516
168,233
177,951
175,369
172,894
175,872
166,881
164,515
138,992
145,695
124,431
133,311
6,509
6,660
7,315
6,975
7,328
6,173
5,893
5,857
6,295
5,440
8,259
6,911
6,544
8,883
6,700
6,187
42,223
62,168
54,582
63,264
63,26454,58262,16842,2236,1876,7008,8836,5446,9118,2595,4406,2955,8575,8936,1737,3286,9757,3156,6606,509133,311124,431145,695138,992164,515166,881175,872172,894175,369177,951168,233131,516141,318159,282137,299147,434169,873162,094150,528142,792144,40590,69775,51152,27350,2058352,2232,4253,0163,7242,04317,12414,74114,21113,43110,71110,1729,0828,2618,4437,4545,36200000043543641741821520420720800000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,176
5,893
5,857
6,295
5,440
6,026
4,800
4,557
7,021
4,965
4,582
4,750
0
6,377
5,198
5,1986,37704,7504,5824,9657,0214,5574,8006,0265,4406,2955,8575,8936,176000000000000000000000000000000000000000000000000000000000000000000000000
> Total Stockholder Equity
-59
-41
-42
45
25
0
402
306
2,822
2,567
2,612
2,690
3,325
3,187
3,924
3,836
5,356
5,850
3,982
6,097
7,207
15,905
16,958
13,505
17,040
30,535
28,323
25,106
25,189
27,287
31,214
32,796
40,927
39,603
44,719
46,315
52,977
85,264
84,096
95,273
110,439
107,104
179,184
181,147
187,184
168,739
169,466
175,685
182,199
183,555
152,285
142,767
88,710
101,632
50,591
23,739
48,294
43,963
29,235
19,958
25,579
19,101
32,426
59,132
93,171
151,628
203,944
288,339
286,120
276,313
259,492
271,435
233,614
223,914
222,836
247,164
242,613
270,168
267,841
265,697
291,357
290,443
274,027
265,392
267,693
272,566
254,361
254,361272,566267,693265,392274,027290,443291,357265,697267,841270,168242,613247,164222,836223,914233,614271,435259,492276,313286,120288,339203,944151,62893,17159,13232,42619,10125,57919,95829,23543,96348,29423,73950,591101,63288,710142,767152,285183,555182,199175,685169,466168,739187,184181,147179,184107,104110,43995,27384,09685,26452,97746,31544,71939,60340,92732,79631,21427,28725,18925,10628,32330,53517,04013,50516,95815,9057,2076,0973,9825,8505,3563,8363,9243,1873,3252,6902,6122,5672,82230640202545-42-41-59
   Common Stock
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
210,083
211,620
204,639
208,722
218,116
210,517
218,112
208,710
220,921
202,286
264,807
244,847
236,874
273,143
274,041
272,296
266,674
276,519
287,508
301,485
318,630
311,047
309,843
317,332
304,882
311,425
317,008
318,389
335,258
310,765
398,765
398,765
406,214
414,692
415,274
415,978
415,982
417,200
417,208
411,624
411,646
411,957
412,324
412,291
412,291412,324411,957411,646411,624417,208417,200415,982415,978415,274414,692406,214398,765398,765310,765335,258318,389317,008311,425304,882317,332309,843311,047318,630301,485287,508276,519266,674272,296274,041273,143236,874244,847264,807202,286220,921208,710218,112210,517218,116208,722204,639211,620210,0830000000000000000000000000000000000000000000
   Retained Earnings -65,702-54,671-48,986-48,227-37,163-33,036-51,176-49,327-50,116-59,309-67,754-71,903-78,784-81,333-40,944-49,050-44,847-39,541-23,523-21,645-106,378-158,845-232,032-275,490-285,240-282,444-265,038-255,732-252,577-237,871-231,645-215,292-195,281-173,509-121,290-94,405-70,217-54,539-48,436-53,901-52,015-50,972-51,491-51,631-46,125-43,806-36,769-27,381-26,491-27,409-25,834-26,700-24,579-23,072-23,518-22,246-21,833-19,956-17,993-18,450-21,531-20,614-15,529-14,959-13,136-11,811-8,835-8,209-9,551-6,586-5,836-5,763-5,642-5,247-5,192-4,961-4,708-4,357-4,030-3,997-3,589-3,552-3,234-2,993-2,930-3,040-2,876
   Accumulated Other Comprehensive Income 
20
58
20
148
22
24
49
187
828
1,001
1,058
1,082
1,725
1,703
1,804
1,151
1,966
2,057
2,051
1,183
833
3,516
3,766
1,532
1,150
7,911
7,602
0
0
0
0
0
0
0
0
0
0
0
0
15,611
0
34,726
22,917
-5,599
-1,779
-9,069
-12,285
-12,980
-3,490
-4,679
-10,994
-13,499
-19,605
-8,175
-13,825
-12,688
-11,274
-8,317
-8,594
-8,814
-8,326
-8,075
-6,999
-7,933
-8,186
-20,135
-28,471
-13,879
-21,965
-22,033
-32,452
-29,660
-49,354
-114,514
-118,550
-108,438
-119,965
-102,219
-114,686
-118,772
-92,163
-111,479
-118,227
-112,165
-107,284
-97,061
-104,205
-104,205-97,061-107,284-112,165-118,227-111,479-92,163-118,772-114,686-102,219-119,965-108,438-118,550-114,514-49,354-29,660-32,452-22,033-21,965-13,879-28,471-20,135-8,186-7,933-6,999-8,075-8,326-8,814-8,594-8,317-11,274-12,688-13,825-8,175-19,605-13,499-10,994-4,679-3,490-12,980-12,285-9,069-1,779-5,59922,91734,726015,6110000000000007,6027,9111,1501,5323,7663,5168331,1832,0512,0571,9661,1511,8041,7031,7251,0821,0581,001828187492422148205820
   Capital Surplus 000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Treasury Stock000000000000000000000000000000000000000000000000000000000000000000000000000000000000000
   Other Stockholders Equity 
2,797
2,942
2,868
2,891
3,237
3,527
3,943
4,115
6,023
5,924
6,262
6,569
6,792
6,730
7,762
8,447
9,226
10,380
11,483
13,124
15,208
24,200
26,328
26,932
31,418
43,239
42,251
43,556
43,181
47,243
53,048
55,042
64,444
62,674
69,298
73,016
78,812
112,672
110,588
107,043
147,208
116,184
202,392
28,293
28,834
24,142
25,044
24,450
23,608
24,661
24,785
29,751
27,320
18,510
14,851
14,845
18,070
16,110
18,110
17,831
22,425
22,112
23,180
23,925
22,341
20,766
21,462
18,981
20,183
20,879
18,402
14,887
13,147
20,996
21,405
21,291
15,640
16,422
16,665
17,814
17,496
17,750
17,793
14,138
12,006
11,974
11,977
11,97711,97412,00614,13817,79317,75017,49617,81416,66516,42215,64021,29121,40520,99613,14714,88718,40220,87920,18318,98121,46220,76622,34123,92523,18022,11222,42517,83118,11016,11018,07014,84514,85118,51027,32029,75124,78524,66123,60824,45025,04424,14228,83428,293202,392116,184147,208107,043110,588112,67278,81273,01669,29862,67464,44455,04253,04847,24343,18143,55642,25143,23931,41826,93226,32824,20015,20813,12411,48310,3809,2268,4477,7626,7306,7926,5696,2625,9246,0234,1153,9433,5273,2372,8912,8682,9422,797



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue202,015
Cost of Revenue-175,995
Gross Profit26,02026,020
 
Operating Income (+$)
Gross Profit26,020
Operating Expense-217,162
Operating Income-15,147-191,142
 
Operating Expense (+$)
Research Development-
Selling General Administrative28,744
Selling And Marketing Expenses-
Operating Expense217,16228,744
 
Net Interest Income (+$)
Interest Income2,049
Interest Expense-6,393
Other Finance Cost-0
Net Interest Income-4,344
 
Pretax Income (+$)
Operating Income-15,147
Net Interest Income-4,344
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-35,9001,262
EBIT - interestExpense = -6,393
-34,036
-27,643
Interest Expense6,393
Earnings Before Interest and Taxes (EBIT)--29,507
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax-35,900
Tax Provision--1,207
Net Income From Continuing Ops-34,693-34,693
Net Income-34,036
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-16,4094,344
 

Technical Analysis of Largo Resources Ltd
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Largo Resources Ltd. The general trend of Largo Resources Ltd is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Largo Resources Ltd's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Largo Resources Ltd.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 1.7001 < 1.92 < 1.92.

The bearish price targets are: .

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Largo Resources Ltd Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Largo Resources Ltd. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Largo Resources Ltd Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Largo Resources Ltd. The current macd is -0.09671584.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Largo Resources Ltd price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Largo Resources Ltd. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Largo Resources Ltd price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Largo Resources Ltd Daily Moving Average Convergence/Divergence (MACD) ChartLargo Resources Ltd Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Largo Resources Ltd. The current adx is 19.31.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -2/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Largo Resources Ltd shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bearish trend could be forming. -1
Largo Resources Ltd Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Largo Resources Ltd. The current sar is 1.80074725.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Largo Resources Ltd Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Largo Resources Ltd. The current rsi is 35.63. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 1/13.
The longshort score for the Relative Strength Index (RSI) is -2/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Trending up: The RSI is trending up. +1
Largo Resources Ltd Daily Relative Strength Index (RSI) ChartLargo Resources Ltd Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Largo Resources Ltd. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH < 20: The STOCH %K is below 20 and oversold. -2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Largo Resources Ltd price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Largo Resources Ltd Daily Stochastic Oscillator ChartLargo Resources Ltd Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Largo Resources Ltd. The current cci is -159.94672856.

The long score for the Commodity Channel Index (CCI) is 0/1.
The longshort score for the Commodity Channel Index (CCI) is -1/(-1 +1).

  • CCI < -100: The CCI is below -100, it indicates that the price is significantly below its average, suggesting a potential oversold condition. -1
Largo Resources Ltd Daily Commodity Channel Index (CCI) ChartLargo Resources Ltd Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Largo Resources Ltd. The current cmo is -32.116981.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Largo Resources Ltd Daily Chande Momentum Oscillator (CMO) ChartLargo Resources Ltd Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Largo Resources Ltd. The current willr is -85.71428571.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is -1/(-1 +1).

  • WILLR < -80: The Williams %R is below -80. This indicates that the price is in oversold territory, suggesting a potential price correction or trend reversal to the upside. -1
Largo Resources Ltd Daily Williams %R ChartLargo Resources Ltd Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Largo Resources Ltd.

Largo Resources Ltd Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Largo Resources Ltd. The current atr is 0.13160046.

Largo Resources Ltd Daily Average True Range (ATR) ChartLargo Resources Ltd Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Largo Resources Ltd. The current obv is -3,943,913.

Largo Resources Ltd Daily On-Balance Volume (OBV) ChartLargo Resources Ltd Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Largo Resources Ltd. The current mfi is 24.99.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Largo Resources Ltd Daily Money Flow Index (MFI) ChartLargo Resources Ltd Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Largo Resources Ltd.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-03STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-08SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-10MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-13STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-15RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-16MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-20STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-22STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-27STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-28WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-14DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-18MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-21MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-22CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-27STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-01-10CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-11STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-16DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-19STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-31MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-05STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-02-12SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-20STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-22DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-23CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-07STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-14SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-18DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

Largo Resources Ltd Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Largo Resources Ltd based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5035.628
Ma 20Greater thanMa 501.735
Ma 50Greater thanMa 1001.883
Ma 100Greater thanMa 2002.039
OpenGreater thanClose1.520
Total0/5 (0.0%)
Penke

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