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Largo Resources Ltd. (T:LGO)

Business Focus: N/A

Sector:  Energy Industry:  Uranium
See Regulatory Filings on SEDAR
Company Contact
Address: 55 University Ave Suite 1105
Tel: 1-416-8619797
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