David Harris - Largo Resources Corporate Controller

LGO Stock  CAD 2.88  0.11  3.97%   

Insider

David Harris is Corporate Controller of Largo Resources
Address 1 First Canadian Place, Toronto, ON, Canada, M5X 1G5
Phone416 861 9797
Webhttps://www.largoinc.com

Largo Resources Management Efficiency

The company has return on total asset (ROA) of (0.0501) % which means that it has lost $0.0501 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of (0.1717) %, meaning that it generated substantial loss on money invested by shareholders. Largo Resources' management efficiency ratios could be used to measure how well Largo Resources manages its routine affairs as well as how well it operates its assets and liabilities. As of the 30th of May 2024, Return On Tangible Assets is likely to drop to -0.08. In addition to that, Return On Capital Employed is likely to drop to -0.04. At this time, Largo Resources' Total Current Assets are very stable compared to the past year. As of the 30th of May 2024, Other Assets is likely to grow to about 23.1 M, while Total Assets are likely to drop about 201.2 M.
The company has accumulated 42.05 M in total debt with debt to equity ratio (D/E) of 0.11, which may suggest the company is not taking enough advantage from borrowing. Largo Resources has a current ratio of 3.01, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Largo Resources until it has trouble settling it off, either with new capital or with free cash flow. So, Largo Resources' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Largo Resources sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Largo to invest in growth at high rates of return. When we think about Largo Resources' use of debt, we should always consider it together with cash and equity.

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Largo Resources Ltd., a natural resource company, engages in the acquisition, exploration, development, and operation of mining and exploration properties in Brazil and Canada. Largo Resources Ltd. was incorporated in 1988 and is headquartered in Toronto, Canada. LARGO RESOURCES operates under Other Industrial Metals Mining classification in Canada and is traded on Toronto Stock Exchange. It employs 379 people. Largo Resources (LGO) is traded on Toronto Exchange in Canada and employs 533 people. Largo Resources is listed under Diversified Metals & Mining category by Fama And French industry classification.

Management Performance

Largo Resources Leadership Team

Elected by the shareholders, the Largo Resources' board of directors comprises two types of representatives: Largo Resources inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Largo. The board's role is to monitor Largo Resources' management team and ensure that shareholders' interests are well served. Largo Resources' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Largo Resources' outside directors are responsible for providing unbiased perspectives on the board's policies.
Ernest Cleave, Chief Financial Officer
Koko Yamamoto, Independent Director
David Harris, Corporate Controller
Celio Pereira, Chief Brazil
Paulo Misk, President, Chief Executive Officer, Director
Paul Vollant, Director Trading
Jonathan Lee, Independent Director
Kurt Menchen, Advisor
Alex Guthrie, Senior Relations
Mark Smith, Chief Executive Officer, Director
Daniel Tellechea, Independent Director
Nilson Chaves, Vice President - Finance and Administration, Vanadio
David Brace, Independent Director
Francesco DAlessio, President Energy
Alvaro Resende, Production Director
Liz Valente, General Secretary
Alberto Arias, Non-Executive Independent Chairman of the Board

Largo Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Largo Resources a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Largo Resources offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Largo Resources' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Largo Resources Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Largo Resources Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Largo Resources. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in Largo Stock, please use our How to Invest in Largo Resources guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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When running Largo Resources' price analysis, check to measure Largo Resources' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Largo Resources is operating at the current time. Most of Largo Resources' value examination focuses on studying past and present price action to predict the probability of Largo Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Largo Resources' price. Additionally, you may evaluate how the addition of Largo Resources to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Largo Resources' value and its price as these two are different measures arrived at by different means. Investors typically determine if Largo Resources is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Largo Resources' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.