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Last C$0.81 CAD
Change Today 0.00 / 0.00%
Volume 19.6K
LGO On Other Exchanges
Symbol
Exchange
Venture
Frankfurt
As of 1:34 PM 07/3/15 All times are local (Market data is delayed by at least 15 minutes).

largo resources ltd (LGO) Snapshot

Open
C$0.81
Previous Close
C$0.81
Day High
C$0.83
Day Low
C$0.81
52 Week High
08/5/14 - C$3.60
52 Week Low
06/19/15 - C$0.64
Market Cap
164.6M
Average Volume 10 Days
32.5K
EPS TTM
C$-0.69
Shares Outstanding
203.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for LARGO RESOURCES LTD (LGO)

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largo resources ltd (LGO) Details

Largo Resources Ltd. is engaged in the acquisition, mining, exploration, and development of mineral properties in Brazil and Canada. It primarily explores for vanadium, tungsten, and molybdenum. The company principally holds a 99.7% interest in the Maracás vanadium project covering approximately 28,587 hectares located in Bahia State, Brazil. It also owns 100% interests in other projects comprising the Currais Novos Tungsten Tailings project and the Campo Alegre de Lourdes iron-vanadium project in Brazil; and the Northern Dancer tungsten-molybdenum property in the Yukon Territory, Canada. The company is headquartered in Toronto, Canada.

largo resources ltd (LGO) Top Compensated Officers

Chief Financial Officer
Total Annual Compensation: C$237.5K
Chief Operating Officer
Total Annual Compensation: C$300.0K
President of Operations for Brazil and Member...
Total Annual Compensation: C$242.2K
Senior Vice President and Technical Director ...
Total Annual Compensation: C$242.7K
Vice President of Exploration
Total Annual Compensation: C$200.4K
Compensation as of Fiscal Year 2014.

largo resources ltd (LGO) Key Developments

Largo Resources Ltd. Receives Final Approval from BNDES for Debt Restructuring

Largo Resources Ltd. announced that it has received final approval from the Brazilian Development Bank "BNDES" and its consortium of commercial banks for the restructuring of its main construction debt facility (BNDES Facility) and its export credit facilities for its Maracas Menchen Mine in Bahia, Brazil. An additional one-year grace period on the amortization schedule for the BNDES Facility; a two-year extension of the maturity date for the Export Facilities; an increase in the guarantee fees payable to the commercial banks in respect of the BNDES Facility from 3.3% to 3.85% per annum; and payment of a flat structuring fee in an amount equal to 1.5% of the aggregate amount of the Facilities.

Largo Resources Ltd. Provides Production Update

Largo Resources Ltd. provided an update on recent production. The Company reported that in May 2015 it achieved record monthly overall production of approximately 487 tonnes, the higher level since first production commenced in August, 2014. During the month of May the Company also achieved a record to date for single day production of 23 tonnes, representing approximately 87% of the Plant's design capacity. In general, production rates, recoveries and availability of operations are improving and greater stability has been achieved.

Largo Resources Ltd. Reports Production Results for May 2015 of Maracas Menchen Mine in Bahia, Brazil

Largo Resources Ltd. reported production results for May 2015 of Maracas Menchen Mine in Bahia, Brazil. The company reported that in May 2015 it achieved record monthly overall production of approximately 487 tonnes. During the month of May, the company also achieved a record to date for single day production of 23 tonnes, representing approximately 87% of the plant's design capacity.

 

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