Largo Resources Net Worth

Largo Resources Net Worth Breakdown

  LGO
The net worth of Largo Resources is the difference between its total assets and liabilities. Largo Resources' net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Largo Resources' assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Largo Resources' net worth can be used as a measure of its financial health and stability which can help investors to decide if Largo Resources is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Largo Resources stock.

Largo Resources Net Worth Analysis

Largo Resources' net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Largo Resources' financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Largo Resources' overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Largo Resources' net worth analysis. One common approach is to calculate Largo Resources' market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Largo Resources' stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Largo Resources' net worth. This approach calculates the present value of Largo Resources' future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Largo Resources' cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Largo Resources' net worth. This involves comparing Largo Resources' financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Largo Resources' net worth relative to its peers.

Enterprise Value

172.01 Million

To determine if Largo Resources is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Largo Resources' net worth research are outlined below:
Largo Resources had very high historical volatility over the last 90 days
Largo Resources has high likelihood to experience some financial distress in the next 2 years
The company reported the last year's revenue of 198.68 M. Reported Net Loss for the year was (30.9 M) with profit before taxes, overhead, and interest of 59.53 M.
About 65.0% of the company shares are owned by institutional investors
Latest headline from thelincolnianonline.com: HC Wainwright Has Lowered Expectations for Largo Stock Price
Largo Resources uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Largo Resources. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Largo Resources' previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
14th of March 2024
Upcoming Quarterly Report
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8th of May 2024
Next Financial Report
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31st of December 2023
Next Fiscal Quarter End
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14th of March 2024
Next Fiscal Year End
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30th of September 2023
Last Quarter Report
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31st of December 2022
Last Financial Announcement
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Know Largo Resources' Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Largo Resources is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Largo Resources backward and forwards among themselves. Largo Resources' institutional investor refers to the entity that pools money to purchase Largo Resources' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Geode Capital Management, Llc2024-09-30
35.9 K
Goldman Sachs Group Inc2024-06-30
32.1 K
Citadel Advisors Llc2024-09-30
24.4 K
Cibc World Markets Inc.2024-06-30
21.4 K
Banco Btg Pactual S.a.2024-09-30
20 K
Ubs Group Ag2024-06-30
17.6 K
Dimensional Fund Advisors, Inc.2024-09-30
16.9 K
Xtx Topco Ltd2024-09-30
15.1 K
Acadian Asset Management Llc2024-06-30
15 K
Arias Resource Capital Gp Ltd.2024-09-30
28 M
West Family Investments Llc2024-09-30
5.6 M
Note, although Largo Resources' institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Largo Resources' market capitalization trends

The company currently falls under 'Small-Cap' category with a total capitalization of 134.82 M.

Market Cap

139.89 Million

Project Largo Resources' profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.08)(0.08)
Return On Capital Employed(0.04)(0.04)
Return On Assets(0.08)(0.08)
Return On Equity(0.12)(0.13)
The company has Net Profit Margin of (0.34) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.36) %, which entails that for every $100 of revenue, it lost $0.36.
When accessing Largo Resources' net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Largo Resources' profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Largo Resources' profitability and make more informed investment decisions.

Evaluate Largo Resources' management efficiency

Largo Resources 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.
Last ReportedProjected for Next Year
Book Value Per Share 3.99  3.79 
Net Current Asset Value-42.2 K-44.3 K
Tangible Asset Value-42.2 K-44.3 K
Tangible Book Value Per Share 3.90  3.70 
Enterprise Value Over EBITDA 47.35  49.72 
Price Book Value Ratio 0.59  0.56 
Enterprise Value Multiple 47.35  49.72 
Price Fair Value 0.59  0.56 
Enterprise Value181.1 M172 M
At Largo Resources, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Enterprise Value Revenue
1.3628
Revenue
144.8 M
Quarterly Revenue Growth
(0.32)
Revenue Per Share
2.26
Return On Equity
(0.22)

Largo Resources Corporate Filings

6K
26th of November 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
16th of August 2024
Other Reports
ViewVerify
Largo Resources time-series forecasting models is one of many Largo Resources' stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Largo Resources' historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Largo Resources Earnings per Share Projection vs Actual

Largo Resources Corporate Management

When determining whether Largo Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Largo Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Largo Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Largo Resources Stock:
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 Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
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.