Largo Q3 net loss widens

Largo

12/11/2025 21:14

Overview

Largo Q3 2025 revenue rises to $33.3 mln from $29.9 mln in Q3 2024

Company reports Q3 net loss of $36.6 mln, impacted by deferred tax asset derecognition

Adjusted cash operating costs per lb sold improved by 2% in Q3 2025

Outlook

Largo did not provide specific guidance for future quarters or the full year in press release

Result Drivers

VANADIUM SALES - Increase in vanadium sales contributed to higher revenue in Q3 2025

STRATEGIC AGREEMENTS - Storion signs strategic supply agreement and secures electrolyte lease for flow battery project

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$33.26 mln
Q3 Net Income
-$36.62 mln
Q3 Basic EPS
-$0.57


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the uranium peer group is "buy"

Wall Street's median 12-month price target for Largo Inc is C$4.85, about 67.2% above its November 11 closing price of C$1.59

Press Release: ID:nBw9FCGs6a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)