Sector: Energy | Industry: Uranium |
See Regulatory Filings on SEDAR |
Company Contact | |
Address: | 55 University Ave Suite 1105 TORONTO ON M5J 2H7 |
Tel: | 1-416-8619797 |
Website: | www.largoresources.com |
IR: | See website |
Key People | ||
Paulo Misk President, Chief Executive Officer, Director | Ernest M. Cleave Chief Financial Officer | Nilson Luciano Helio Chaves Vice President - Finance and Administration, Vanadio | Alvaro Resende Production Director |
Business Overview |
Largo Resources Ltd is a Canada-based vanadium mining company. The company is focused on the production of vanadium flake and vanadium powder at the Maracs Menchen Mine located in Bahia State, Brazil. It operates through two segments: Mine properties, and Exploration and evaluation properties. It holds interest in the Currais Novos tungsten tailings property and Campo Alegre de Lourdes iron-vanadium property. The Currais Novos tungsten tailings property is located approximately 180 kilometers from Natal in the State of Rio Grande do Norte, Brazil. The Campo Alegre de Lourdes property is located approximately 880 kilometers north-northeast of Brasilia and over 650 kilometers northwest of Salvado. In Canada, the Company holds interest in the Northern Dancer tungsten-molybdenum property, located in the Yukon Territory. |
Financial Overview |
For the nine months ended 30 September 2020, LargoResources Ltd revenues decreased 1% to $79.4M. Net lossdecreased 99% to $120K. Revenues reflect a decrease indemand for the Company's products and services due tounfavorable market conditions. Lower net loss reflectsAccretion decrease of 98% to $104K (expense), Interestexpense and other fees decrease of 87% to $866K (expense). |
Employees: | 379 as of Dec 31, 2019 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $876.06M as of Sep 30, 2020 |
Annual revenue (TTM): | $134.83M as of Sep 30, 2020 |
EBITDA (TTM): | $49.15M as of Sep 30, 2020 |
Net annual income (TTM): | -$4.97M as of Sep 30, 2020 |
Free cash flow (TTM): | -$94.40M as of Sep 30, 2020 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 595,342,826 as of Feb 23, 2021 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |