Largo Resources Stock

Largo Resources Equity 2024

Largo Resources Equity

248.65 M USD

Ticker

LGO.TO

ISIN

CA5171036026

WKN

A2QQS8

In 2024, Largo Resources's equity was 248.65 M USD, a -6.31% increase from the 265.4 M USD equity in the previous year.

Largo Resources Aktienanalyse

What does Largo Resources do?

Largo Resources Ltd was founded in 1983 and is based in Toronto, Canada. The company operates in the natural resources sector and specializes in the extraction of vanadium. Largo Resources operates multiple vanadium mines and is Europe's largest vanadium supplier. The business model of Largo Resources is based on the extraction and sale of vanadium. The metal is used in the steel industry to improve the strength and toughness of steel. It is also used in the battery industry to produce batteries with higher capacity, longer lifetimes, and faster charging times. Largo Resources is divided into two divisions: Mining and Exploration. The Mining division includes the extraction and processing of vanadium ore. The company currently operates two vanadium mines in Brazil, the Maracas Menchen Mine and the Campbell Mine. The ores are mined in the mines and processed into vanadium pentoxide in the plants. The vanadium pentoxide is then either sold directly to customers or further processed to produce other vanadium products. The Exploration division of Largo Resources focuses on the search for new vanadium deposits. The company has acquired and developed several successfully explored deposits in the past. These can serve as potential extensions of existing mines or as independent projects in the future. Largo Resources offers several vanadium products, including vanadium concentrate, vanadium pentoxide, and vanadium iron. The concentrate is sold to customers who use it in the steel industry to produce steel with improved properties. The vanadium pentoxide is either sold directly to customers or further processed to produce other vanadium products. Vanadium iron is used in the battery industry to produce durable and high-performance batteries. Largo Resources is a key player in the vanadium industry and has received several awards for its achievements in recent years. The company has recently expanded its focus on renewable energy and is working on the development of rechargeable vanadium redox flow batteries. These batteries can be used in combination with renewable energy sources to store and reliably provide energy. Overall, Largo Resources has an impressive history in the vanadium industry and is expected to play a significant role in the future. The company has an innovative business model and offers a wide range of vanadium products that can be used in various industries. Largo Resources ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Equity Details

Analyzing Largo Resources's Equity

Largo Resources's equity represents the ownership interest in the company, calculated as the difference between total assets and total liabilities. It reflects the residual claim by shareholders on the company’s assets after all debts have been paid. Understanding Largo Resources's equity is essential for assessing its financial health, stability, and value to shareholders.

Year-to-Year Comparison

Evaluating Largo Resources's equity over successive years offers insights into the company's growth, profitability, and capital structure. Increasing equity indicates an enhancement in net assets and financial health, while decreasing equity could point to rising debts or operational challenges.

Impact on Investments

Largo Resources's equity is a crucial element for investors, influencing the company's leverage, risk profile, and return on equity (ROE). Higher equity levels generally suggest lower risk and enhanced financial stability, making the company a potentially attractive investment opportunity.

Interpreting Equity Fluctuations

Fluctuations in Largo Resources’s equity can arise from various factors, including changes in net income, dividend payments, and issuance or buyback of shares. Investors analyze these shifts to gauge the company's financial performance, operational efficiency, and strategic financial management.

Frequently Asked Questions about Largo Resources stock

What is the equity of Largo Resources this year?

Largo Resources has equity of 248.65 M USD this year.

What was the equity of Largo Resources compared to the previous year?

The equity of Largo Resources has increased/decreased by -6.31% decreased compared to the previous year.

What impact does a high equity have on investors of Largo Resources?

A high equity is advantageous for investors of Largo Resources as it is an indicator of the company's financial stability and its ability to manage risks and challenges.

What impact does low equity have on investors of Largo Resources?

A low equity can be a risk for investors of Largo Resources, as it can put the company in a weaker financial position and impair its ability to manage risks and challenges.

How does an increase in equity of Largo Resources affect the company?

An increase in equity of Largo Resources can strengthen the company's financial position and improve its ability to make investments in the future.

How does a reduction in the equity of Largo Resources affect the company?

A reduction in equity of Largo Resources can affect the financial situation of the company and lead to a higher dependence on debt capital.

What are some factors that influence the equity of Largo Resources?

Some factors that can affect the equity of Largo Resources include profits, dividend payments, capital increases, and acquisitions.

Why is the equity of Largo Resources so important for investors?

The equity of Largo Resources is important for investors as it is an indicator of the financial strength of the company and can be an indication of how well the company is able to fulfill its financial obligations.

What strategic measures can Largo Resources take to change the equity?

To change equity, Largo Resources can take various measures such as increasing profits, conducting capital increases, reducing expenses, and acquiring companies. It is important for the company to perform a thorough review of its financial situation to determine the best strategic actions to modify its equity.

How much dividend does Largo Resources pay?

Over the past 12 months, Largo Resources paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Largo Resources is expected to pay a dividend of 0 USD.

What is the dividend yield of Largo Resources?

The current dividend yield of Largo Resources is .

When does Largo Resources pay dividends?

Largo Resources pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Largo Resources?

Largo Resources paid dividends every year for the past 0 years.

What is the dividend of Largo Resources?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Largo Resources located?

Largo Resources is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Largo Resources kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Largo Resources from 8/20/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 8/20/2024.

When did Largo Resources pay the last dividend?

The last dividend was paid out on 8/20/2024.

What was the dividend of Largo Resources in the year 2023?

In the year 2023, Largo Resources distributed 0 USD as dividends.

In which currency does Largo Resources pay out the dividend?

The dividends of Largo Resources are distributed in USD.

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Andere Kennzahlen von Largo Resources

Our stock analysis for Largo Resources Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Largo Resources Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.