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Upturn AI Summary - About
Largo Resources Ltd(LGO)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for LGO
09/25/2026: LGO (1-star) is currently NOT-A-BUY. Pass it for now.
Largo Inc. is a mining and clean-energy company that operates the Maracás Menchen mine in Brazil while developing vanadium redox flow battery technology for grid storage. The company's primary strength lies in its vertical integration potential, allowing it to leverage its own vanadium production to support the energy storage business. The main investment story centers on the potential growth of the long-duration energy storage market. However, the company faces significant risks, including high volatility in commodity prices, intense competition from established battery technologies, and the challenges of scaling an emerging business. Largo best suits investors with a high tolerance for risk and a long-term view of energy transition trends.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Offers exposure to the transition toward grid-scale storage, but success remains tied to speculative technology adoption. |
| Momentum investor | Weak fit | Stock price is highly sensitive to commodity cycles which makes momentum trading difficult. |
| Value investor | Mixed fit | Valuation fluctuates significantly based on commodity price outlooks rather than steady cash flows. |
| Dividend investor | Weak fit | The company does not pay dividends as it prioritizes growth and capital reinvestment. |
| Low-risk investor | Weak fit | Exposure to commodity price volatility and early-stage technology risks results in a high-risk profile. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Revenue is highly dependent on fluctuating global vanadium spot prices. |
| Valuation risk | Medium / high | Market sentiment shifts frequently between the mining and clean-tech narratives. |
| Competition risk (commodity and battery) | High | Faces intense pressure from established mining giants and alternative battery chemistries. |
| Business quality | Medium | The business combines stable mining operations with speculative energy technology. |
| Dividend income | Low / none | No current dividend income makes it unsuitable for income-focused portfolios. |
| Execution risk | Medium / high | Successfully scaling the energy storage business remains a critical execution challenge. |
Price Behavior
Steep Decline
The stock price has dropped sharply with strong downward pressure.
Extreme Price Shocks
The stock has experienced exceptionally large and disruptive price movements during the period.
Analysis of Past Performance
Type Stock | Historic Profit -65.09% | Avg. Invested days 22 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 09/25/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 71.27M USD | Price to earnings Ratio - | 1Y Target Price 1.95 |
Price to earnings Ratio - | 1Y Target Price 1.95 | ||
Volume (30-day avg) 825.9K shares | Beta 2.36 | 52 Weeks Range 0.51 - 2.70 | Updated Date 09/25/2026 |
52 Weeks Range 0.51 - 2.70 | Updated Date 09/25/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.05 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Vanadium Sales | Sale of vanadium pentoxide and related products to industrial clients. | The company earns the majority of its cash by selling raw materials used in steel and chemical production. |
| Energy Storage Systems | Sales and deployment of VCHARGE battery systems. | This is an emerging, high-growth area focused on providing battery storage for renewable energy projects. |
| Geography: Brazil | Mining operations at Maracás Menchen. | Key production and operating assets are located in Brazil, creating exposure to local economic and regulatory conditions. |
Valuation
Trailing PE - | Forward PE 7.83 | Enterprise Value 177.12M | Price to Sales(TTM) 0.56 |
Enterprise Value 177.12M | Price to Sales(TTM) 0.56 | ||
Enterprise Value to Revenue 1.39 | Enterprise Value to EBITDA 35.51 | Shares Outstanding 103.13M | Shares Floating 68.96M |
Shares Outstanding 103.13M | Shares Floating 68.96M | ||
Percent Insiders 0.42 | Percent Institutions 46.41 |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
About Largo Resources Ltd
Exchange NASDAQ | Headquarters Toronto, ON, Canada | ||
IPO Launch date 2007-07-13 | Co-CEO & Executive Chairman Mr. Jesús Alberto Arias López | ||
Sector Basic Materials | Industry Other Industrial Metals & Mining | Full time employees 500 | Website https://www.largoinc.com |
Full time employees 500 | Website https://www.largoinc.com | ||
Largo Inc., together with its subsidiaries, produces, supplies, and sells vanadium and ilmenite products in Canada and internationally. It operates through six segments: Sales and Trading; Mine Properties; Corporate; Exploration and Evaluation Properties; Clean Energy; and Largo Physical Vanadium. The company offers vanadium pentoxide flakes and powder, vanadium trioxide powder, and ferrovanadium, as well as ilmenite concentrate; and vanadium flow battery electrolyte and technology. Its products are used in steel, aerospace, defense, chemical and catalysts, master alloys, and titanium dioxide production applications. 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.
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