Brief: Largo Resources Reports Q3 Loss Per Share Of C$0.02

Largo

13/11/2019 23:53

Nov 13 (Reuters) - Largo Resources Ltd  LGO.TO :
    * LARGO RESOURCES ANNOUNCES THIRD QUARTER 2019 RESULTS
    * QTRLY LOSS PER SHARE OF $0.02
    * QTRLY  REVENUE $32.1 MILLION VERSUS $149.5 MILLION
    * QTRLY PRODUCTION OF 2,952 TONNES (6.5 MILLION POUNDS1) OF
V2O5,
A 15% INCREASE OVER Q3 2018
    * LARGO RESOURCES - CO LOWERED 2019 ANNUAL AVERAGE CASH
OPERATING
GUIDANCE EXCLUDING ROYALTIES FROM RANGE OF US$3.45 - 3.65 TO
RANGE OF US$3.30 - $3.40
    * CO CONTINUES TO MAINTAIN ITS ANNUAL PRODUCTION GUIDANCE
RANGE OF
10,000 TO 11,000 TONNES OF V2O5 FOR 2019
    * LARGO RESOURCES-SEES IT'LL CONTINUE REALIZING LOWER
REVENUES IN
FUTURE PERIODS UNTIL SUCH TIME AS FALL IN MARKET PRICE OF
V(2)O(5) LEVELS OFF OR PRICES RISE
    * LARGO RESOURCES - ALL FIGURES ARE STATED IN C$ UNLESS
OTHERWISE
NOTED

Source text for Eikon:  ID:nCNWgw80Ba 
Further company coverage:  LGO.TO 

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