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Largo Resources Ltd (LGO.TO)

LGO.TO on Toronto Stock Exchange

1.77CAD
23 Apr 2019
Change (% chg)

$0.22 (+14.19%)
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3,957,800
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Latest Key Developments (Source: Significant Developments)

Largo Resources Sees Q1 Significantly Impacted By Vanadium Pentoxide Price Decline
Monday, 22 Apr 2019 

April 22 (Reuters) - Largo Resources Ltd ::LARGO RESOURCES ISSUES UPDATE ON ANTICIPATED FINANCIAL RESULTS IN Q1 2019.LARGO RESOURCES LTD - Q1 2019 FINANCIAL RESULTS WILL BE SIGNIFICANTLY IMPACTED BY DECLINE IN PRICE OF VANADIUM PENTOXIDE SINCE START OF 2019.LARGO RESOURCES LTD - Q1 FINANCIAL RESULTS WILL BE SIGNIFICANTLY IMPACTED BY REMEASUREMENT OF TRADE RECEIVABLES UNDER GLENCORE OFF-TAKE AGREEMENT.LARGO RESOURCES LTD - ANTICIPATES THAT ITS NET INCOME (LOSS) FOR QUARTER WILL BE IN APPROXIMATELY BREAKEVEN RANGE.LARGO RESOURCES LTD - ANTICIPATES THAT REMEASUREMENT ADJUSTMENT WILL RANGE FROM CDN$55 MILLION TO CDN$60 MILLION.  Full Article

Largo Resources Says Q4 Basic Earnings Per Share C$0.21
Tuesday, 26 Mar 2019 

March 26 (Reuters) - Largo Resources Ltd ::LARGO RESOURCES ANNOUNCES RECORD FULL YEAR PRODUCTION AND NET INCOME OF $316.0 MILLION IN 2018.REVENUES OF $177.5 MILLION IN Q4 2018.PRODUCTION OF 2,595 TONNES OF V(2)O(5) IN Q4 2018.Q4 BASIC EARNINGS PER SHARE C$0.21.  Full Article

Largo Resources Agrees To Repurchase Additional Us$8.1 Mln Of Its 9.25% Senior Secured Notes Due 2021
Wednesday, 9 Jan 2019 

Jan 9 (Reuters) - Largo Resources Ltd ::LARGO RESOURCES AGREES TO REPURCHASE ADDITIONAL US$8.1 MILLION OF ITS 9.25% SENIOR SECURED NOTES DUE 2021.LARGO RESOURCES LTD - WORKING WITH JEFFERIES LLC WHO WILL ARRANGE FOR AND FACILITATE REPURCHASE OF NOTES EFFECTIVE JANUARY 28, 2019 AT 105.625%.LARGO RESOURCES - AFTER REPURCHASE, REMAINING PRINCIPAL AMOUNT OUTSTANDING ON CO'S 9.25% SENIOR NOTES DUE 2021 WILL BE APPROXIMATELY US$37.0 MILLION.  Full Article

Largo Resources To Repurchase Additional $47.8 Mln Of 9.25 Pct Senior Secured Notes Due 2021
Monday, 31 Dec 2018 

Dec 31 (Reuters) - Largo Resources Ltd ::LARGO RESOURCES AGREES TO REPURCHASE ADDITIONAL US$47.8 MILLION OF ITS 9.25% SENIOR SECURED NOTES DUE 2021.LARGO RESOURCES - FOLLOWING REPURCHASE FOR CANCELLATION, REMAINING AGGREGATE PRINCIPAL AMOUNT OUTSTANDING ON THE NOTES DUE 2021 WILL BE US$45.0 MILLION.  Full Article

Largo Resources Q3 Earnings Per Share Of $0.14
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Largo Resources Ltd ::LARGO RESOURCES REPORTS RECORD THIRD QUARTER 2018 CASH FLOWS BEFORE NON-CASH WORKING CAPITAL ITEMS OF $127.5 MILLION, ON REVENUES OF $149.5 MILLION.LARGO RESOURCES LTD - REVENUES OF $149.5 MILLION IN Q3 2018, A 179% INCREASE OVER Q3 2017.LARGO RESOURCES LTD - PRODUCTION OF 2,563 TONNES OF VANADIUM PENTOXIDE IN Q3 2018, A 4% INCREASE OVER Q2 2018.LARGO RESOURCES LTD - REMAINS ON TRACK TO ACHIEVE ITS INCREASED PRODUCTION GUIDANCE FOR 2018.LARGO RESOURCES LTD - BASIC EARNINGS PER SHARE OF $0.14 IN Q3 2018.  Full Article

Largo Resources Secures Maracás Expansion Permit In Brazil
Friday, 2 Nov 2018 

Nov 2 (Reuters) - Largo Resources Ltd ::LARGO RESOURCES SECURES MARACÁS EXPANSION PERMIT IN BRAZIL.LARGO - ENHANCED PRODUCTION RATE AT MARACÁS MENCHEN EXPECTED TO RESULT IN ADDITIONAL 200 TONNES OF V2O5 BEING PRODUCED/MONTH FROM AND AFTER JUNE 2019.LARGO - EXPANSION WILL SEE PRODUCTION CAPACITY AT MARACÁS MENCHEN MINE INCREASE 25% FROM NAMEPLATE RATE TO 1,000 TONNES PER MONTH OF V2O5.  Full Article

Largo Resources Sees Q2 Revenue Of Between C$99 Mln And C$107 Mln
Tuesday, 17 Jul 2018 

July 17 (Reuters) - Largo Resources Ltd ::LARGO RESOURCES LTD - FOR THREE MONTH PERIOD ENDING JUNE 30, 2018 ANTICIPATING REVENUE OF BETWEEN CDN$99 MILLION AND CDN$107 MILLION.LARGO RESOURCES LTD - CO EXPECTS FOREIGN EXCHANGE LOSS IN Q2 2018 TO EXCEED LOSS RECORDED IN Q2 2017.LARGO RESOURCES - INCREASE TO Q2 REVENUE TO BE LARGELY DRIVEN BY UPWARD MOVEMENT IN VANADIUM PENTOXIDE PRICING AND INCREASED PRODUCTION.LARGO RESOURCES - ON JULY 13, BRAZILIAN NATIONAL ECONOMIC AND SOCIAL DEVELOPMENT BANK PROVIDED CONSENT FOR EARLY REPAYMENT OF CO'S CREDIT FACILITY.LARGO RESOURCES - RECEIPT OF CONSENT IS CONDITION TO RELEASE FROM ESCROW OF FIRST TRANCHE OF NET PROCEEDS FROM CO'S RECENTLY COMPLETED OFFERING.LARGO RESOURCES - ANTICIPATES MAKING PAYMENT USING RELEASED PORTION OF ESCROWED FUNDS OF $84.14 MILLION TO BNDES ON OR ABOUT JULY 23.  Full Article

Largo Resources Announces Filing Of Preliminary Short Form Prospectus
Friday, 22 Jun 2018 

June 22 (Reuters) - Largo Resources Ltd ::LARGO RESOURCES ANNOUNCES FILING OF PRELIMINARY SHORT FORM PROSPECTUS FOR SECONDARY OFFERING OF COMMON SHARES.LARGO RESOURCES LTD - FILES PROSPECTUS IN CONNECTION WITH PROPOSED MARKETED SECONDARY OFFERING OF 70.98 MILLION CO'S COMMON SHARES BY SELLING SHAREHOLDERS.  Full Article

Largo Resources Announces Completion Of Restructuring Of Debt Facilities With Banco Pine
Wednesday, 4 Apr 2018 

April 4 (Reuters) - Largo Resources Ltd ::ANNOUNCES COMPLETION OF RESTRUCTURING OF DEBT FACILITIES WITH BANCO PINE.AS A RESULT OF RESTRUCTURING, APPROXIMATELY USD$9 MILLION OF DEBT OWED BY VMSA HAS BEEN PAID DOWN.‍ALONG WITH OPERATING UNIT COMPLETED A RESTRUCTURING & CONVERSION OF VANÁDIO'S EXISTING DEBT FACILITIES WITH BANCO PINE S.A​.‍REMAINING DEBT BALANCE HAS BEEN RESTRUCTURED OVER AN ABOUT 6.5 YEAR PERIOD​.  Full Article

Largo Q4 Revenue $49 Million
Friday, 23 Mar 2018 

March 23 (Reuters) - Largo Resources Ltd ::LARGO REPORTS HIGHLIGHTS OF ITS FISCAL 2017 FINANCIAL AND OPERATING RESULTS.LARGO RESOURCES LTD - QTRLY REVENUE $49 MILLION VERSUS $31.5 MILLION.  Full Article

CANADA STOCKS-TSX futures flat; oil hits 2019 high

April 22 Futures for Canada's main stock index were little changed on Monday, even as oil prices hit their highest since November.