How to Buy Largo Stock
Largo Inc
Largo Inc. engages in the development and sale of vanadium-based utility scale electrical energy storage systems in Canada.
Largo stock last closed at $2.06, down 4.63% from the previous day, and has decreased 0.48% in one year. It has overperformed other stocks in the Other Industrial Metals & Mining industry by 0.06 percentage points. Largo stock is currently +49.28% from its 52-week low of $1.38, and -27.46% from its 52-week high of $2.84.
There are currently 64.11M shares of LGO outstanding. The market value of LGO is $132.07M. In the past 24 hours, 104,848 LGO shares were traded.
How to Buy Largo Stock
Not sure how to invest in Largo stock? Here's how.
- Decide where to buy Largo stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Largo stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Choose your method of payment and add your details.
- Evaluate Largo stock: The Largo ticker symbol is LGO. Is Largo stock a good investment? Should you buy shares of LGO? How do LGO's underlying business fundamentals look? Do top analysts think Largo is a good buy? Why has LGO's stock price moved recently? (Hint: Our stock research tools can help you evaluate if LGO is a good stock to buy).
- Place your LGO purchase: Decide if you will purchase LGO shares at the current market price or use a limit order to purchase LGO stock at a given price.
- Monitor your LGO position: Create a watchlist to get the latest news on your position in Largo stock.
Step 1: Decide where to buy Largo stock
You need a brokerage account in order to access the NASDAQ market and buy LGO shares.
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Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, the next step is to fill out some personal information so you can invest in LGO today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create a new brokerage account.
- Send your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Put funds into your investment account
Now that you've opened your account on our top ranked stock trading app, your next step is to transfer the money for your investment:
Watch the walkthrough below if you need help depositing funds into your brokerage account.
Step 4: Evaluate Largo stock
Once you have figured out the best place to buy Largo stock, it's critical to evaluate their stock before you invest, so you can comprehend the risk and upside.
Largo Metrics
LGO Due Diligence Checks
WallStreetZen was designed to help average investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on LGO's stock page.
How is LGO stock valued?
Analysts use many financial metrics, analyses, models, and charts to gauge LGO's fair value.
Using relative valuations metrics:
- LGO could be undervalued based on its P/B ratio of 0.68x, relative to Other Industrial Metals & Mining industry P/B ratio of 1.94x
You can do additional valuation research on LGO's stock here.
How do LGO Financials look?
Positive Financial Indicators:
- LGO has cash burn of 30465000. It has enough cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the LGO balance sheet.
- LGO has $30.98M in cash and short term investments. This is sufficient to cover its annual cash burn of $30.47M.
- There are more short-term assets than short-term liabilities on the LGO balance sheet.
Negative Financial Indicators:
- LGO has a relatively high debt to equity ratio of 0.74.
- LGO profit margin has gone down from -17.6% to -35.6% in the past year.
Is LGO stock a Buy, Hold, or Sell, according to analysts?
Out of 1 sell side analysts who track LGO, the consensus analyst rating on Largo is a Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Largo stock forecast page.
LGO Momentum
How is LGO performing as a company?
Last year, LGO revenue was $144.82M. In the past 3 year, LGO's revenue has gone up by -62.02% per year. This was slower than the Other Industrial Metals & Mining industry average of 4.78%.
You can analyze LGO's earnings and revenue performance here.
What are LGO insiders up to?
In the past 12 months, executives and large shareholders at LGO have not bought or sold any shares.
Dig into more about who owns LGO stock here.
Can I rely on LGO as an income stream?
No, Largo doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Place your LGO purchase
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a particular dollar amount, place a limit order.
Click the Open Trade button and eToro will execute your order.
If you require additional info about buying stocks on eToro, click the how to video below:
Step 6: Monitor your LGO position
Now that you own some LGO shares, you'll want to stay up-to-date on your investment.
Start a watchlist to get the latest updates about your LGO stock.
LGO Feed
How to Buy Stock in Largo
To reiterate, here are the 6 steps to buy stock in Largo:
- Decide where to buy Largo stock
- Sign up for a brokerage account
- Put funds into your investment account
- Evaluate Largo stock
- Place your LGO purchase
- Monitor your LGO position
If you are looking for a brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Largo, add LGO to your watchlist by clicking the button below.
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