Kurt Menchen - Largo Resources Advisor
| LGO Stock | USD 2.10 0.07 3.23% |
Insider
Kurt Menchen is Advisor of Largo Resources
| Age | 73 |
| Address | 1 First Canadian Place, Toronto, ON, Canada, M5X 1G5 |
| Phone | 416 861 9797 |
| Web | https://www.largoinc.com |
Largo Resources Management Efficiency
The company has Return on Asset of (0.08) % which means that on every $100 spent on assets, it lost $0.08. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.2199) %, meaning that it generated no profit with money invested by stockholders. Largo Resources' management efficiency ratios could be used to measure how well Largo Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 29th of November 2024, Return On Tangible Assets is likely to drop to -0.08. In addition to that, Return On Capital Employed is likely to drop to -0.04. At this time, Largo Resources' Total Current Assets are very stable compared to the past year. As of the 29th of November 2024, Other Current Assets is likely to grow to about 9.8 M, while Total Assets are likely to drop about 201.9 M.Similar Executives
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Management Performance
| Return On Equity | -0.22 | |||
| Return On Asset | -0.08 |
Largo Resources Leadership Team
Elected by the shareholders, the Largo Resources' board of directors comprises two types of representatives: Largo Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Largo. The board's role is to monitor Largo Resources' management team and ensure that shareholders' interests are well served. Largo Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Largo Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Paulo Misk, CEO Pres | ||
| Paul Vollant, Director Trading | ||
| Kurt Menchen, Advisor | ||
| Alex Guthrie, Director Relations | ||
| Nilson Chaves, VP Brazil | ||
| David Harris, Corporate Controller | ||
| Francesco DAlessio, President Energy | ||
| Liz Valente, General Secretary | ||
| Alvaro Resende, Production Director | ||
| Celio Pereira, Chief Brazil |
Largo Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Largo Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.22 | |||
| Return On Asset | -0.08 | |||
| Profit Margin | (0.34) % | |||
| Operating Margin | (0.36) % | |||
| Current Valuation | 197.36 M | |||
| Shares Outstanding | 64.11 M | |||
| Shares Owned By Insiders | 0.18 % | |||
| Shares Owned By Institutions | 64.73 % | |||
| Number Of Shares Shorted | 581.93 K | |||
| Price To Earning | 24.13 X |
Pair Trading with Largo Resources
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Largo Resources position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Largo Resources will appreciate offsetting losses from the drop in the long position's value.Moving together with Largo Stock
Moving against Largo Stock
The ability to find closely correlated positions to Largo Resources could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Largo Resources when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Largo Resources - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Largo Resources to buy it.
The correlation of Largo Resources is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Largo Resources moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Largo Resources moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Largo Resources can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Largo Resources. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Largo Resources. If investors know Largo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Largo Resources listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.153 | Earnings Share (0.76) | Revenue Per Share 2.26 | Quarterly Revenue Growth (0.32) | Return On Assets (0.08) |
The market value of Largo Resources is measured differently than its book value, which is the value of Largo that is recorded on the company's balance sheet. Investors also form their own opinion of Largo Resources' value that differs from its market value or its book value, called intrinsic value, which is Largo Resources' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Largo Resources' market value can be influenced by many factors that don't directly affect Largo Resources' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Largo Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Largo Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Largo Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.