Largo Announces Cost Reduction and Productivity Improvements at its Maracás Menchen Mine; Reports Q1 2024 Production and Sales Results [Yahoo! Finance]
Largo Inc. - Common Shares (LGO)
Company Research
Source: Yahoo! Finance
V O production of 1,729 tonnes (3.8 million lbs ) in Q1 2024 vs. 2,111 tonnes produced in Q1 2023; Within the lower range of Company's quarterly production guidance of 1,700-2,200 tonnes for Q1 2024 Lower Q1 2024 production was expected and is largely attributable to the completion of the Company's planned kiln refractory replacement; Annual maintenance actions were performed concurrently in the crushing, milling, ilmenite, leaching and chemical sections of the plant; The Company maintains its annual production guidance for 2024 V O equivalent sales of 2,765 tonnes (inclusive of 156 tonnes of purchased material) in Q1 2024 vs. 2,849 equivalent tonnes sold (inclusive of 245 tonnes of purchased material) in Q1 2023; Within the upper range of the Company's quarterly guidance of 2,300-2,800 tonnes The Company produced 9,563 tonnes and sold 513 tonnes of ilmenite concentrate in Q1 2024, respectively; Ilmenite sales were below Q1 2024 guidance due to operational and administrative de
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News
- Largo Reports First Quarter 2024 Financial Results; Cost Reduction Measures and Productivity Initiatives Underway [Yahoo! Finance]Yahoo! Finance
- Largo Reports First Quarter 2024 Financial Results; Cost Reduction Measures and Productivity Initiatives UnderwayBusiness Wire
- Largo Revises First Quarter 2024 Financial Results Release Date to May 15, 2024Business Wire
- Largo to Release its First Quarter 2024 Financial Results on May 10, 2024Business Wire
- Largo Inc. (NYSE: LGO) had its price target raised by analysts at HC Wainwright from $4.60 to $4.70. They now have a "buy" rating on the stock.MarketBeat
LGO
Sec Filings
- 5/16/24 - Form 6-K
- 5/16/24 - Form 6-K
- 5/10/24 - Form 6-K
- LGO's page on the SEC website