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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 $1.46, up 4.29% from the previous day, and has decreased 71.81% in one year. It has underperformed other stocks in the Other Industrial Metals & Mining industry by 0.42 percentage points. Largo stock is currently +5.8% from its 52-week low of $1.38, and -72.96% from its 52-week high of $5.40.

There are currently 64.05M shares of LGO outstanding. The market value of LGO is $93.51M. In the past 24 hours, 21,832 LGO shares were traded.

How to Buy Largo Stock

Not sure how to invest in Largo stock? Here's how.
  1. 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.
  2. Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Choose your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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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.

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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 Price
$1.46
1w %
-5.19%
1y %
-71.81%
5y %
N/A
P/E
-2.86x
P/B
0.38x
P/S
0.47x
PEG
N/A
Revenue
$198.68M
Earnings
-$32.36M
Fore. Rev. Growth
3.63%
Fore. Earn. Growth
N/A
Market Cap
$93.51M
Next Earnings
May 8, 2024
Next Dividend
N/A

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 0.38x, relative to Other Industrial Metals & Mining industry P/B ratio of 2.14x

You can do additional valuation research on LGO's stock here.

How do LGO Financials look?

Positive Financial Indicators:

  • LGO has cash burn of 41531000. 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 $43.43M in cash and short term investments. This is sufficient to cover its annual cash burn of $41.53M.
  • There are more short-term assets than short-term liabilities on the LGO balance sheet.

Negative Financial Indicators:

  • Total LGO debt is higher than 5 years ago, relative to shareholder equity.
  • LGO has a relatively high debt to equity ratio of 0.51.
  • LGO profit margin has gone down from -1% to -16.3% in the past year.

Do Wall Street analysts think it's a good time to buy LGO stock

Out of 1 Wall Street analysts who give recommendations on LGO, the consensus analyst rating on LGO is a Buy

Please note that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Largo stock forecast page.

LGO Technical Indicators

SMA10
1.5
SMA20
1.54
SMA50
1.73
SMA100
1.94
SMA200
2.59
MACD
-0.08
MACD Signal
-0.08
MACD Histogram
0
RSI
38.92
Stochastic %K
16.81
Stochastic %D
14.8
StochRSI %K
17.67
StochRSI %D
9.57

How is LGO performing as a company?

Last year, LGO revenue was $198.68M. In the past 4 year, LGO's revenue has increased by 17.64% per year. This was faster than the Other Industrial Metals & Mining industry average of 4.91%.

You can analyze LGO's earnings and revenue performance here.

Are LGO insiders buying or selling the stock?

In the past year, executives and large shareholders at LGO have not bought or sold any shares.

Research more about who owns LGO shares here.

Does LGO stock generate passive income?

No, Largo doesn't provide an income stream by paying out dividends.

What do other investors have to say about LGO?

One of the reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your LGO purchase

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly 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 certain you're buying or selling at a specific price limit, use a limit order.

Click the Open button and your broker will execute your order.

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Step 6: Monitor your LGO position

Now that you own some LGO shares, you'll want to keep up with your new investment.

Put LGO on a watchlist to track your LGO stock.

LGO Feed

How to Buy Stock in Largo

To summarize, here are the 6 steps to buy Largo stock:

  1. Decide where to buy Largo stock
  2. Sign up for a brokerage account
  3. Put funds into your investment account
  4. Evaluate Largo stock
  5. Place your LGO purchase
  6. Monitor your LGO position

If you are looking for a brokerage account, eToro is our recommended option.

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If you would like to get the latest scoop on your investment in Largo, add LGO to your watchlist below.

NASDAQ: LGO
$1.46+0.06 (+4.29%)
Updated Apr 19, 2024
Open eToro Account
NASDAQ: LGO
$1.46+0.06 (+4.29%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Largo share?

As of Apr 19, 2024, it costs $1.46 to buy one share of Largo stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $0.73, you can buy 0.5 shares of LGO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Largo stock?

According to 1 Wall Street analysts who monitor Largo, their consensus recommendation is to buy Largo stock.

What is the best way to buy Largo stock?

One way to place an order for Largo stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.