Overview
Largo Q2 2025 revenue falls to $26.1 mln from $28.6 mln in Q2 2024
Operating costs down 17% to $30.1 mln in Q2 2025
Net loss of $5.8 mln in Q2 2025, a 60% improvement over Q2 2024
Outlook
Largo focuses on optimizing performance amid market challenges
Result Drivers
COST REDUCTIONS - Operating costs reduced by 17% due to cost containment measures and operational stabilization efforts
VANADIUM MARKET CONDITIONS - Vanadium prices remain under pressure, affecting revenue from vanadium sales
LIQUIDITY MEASURES - Secured a $6 mln loan to support working capital amid challenging market conditions
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue |
| $26.12 mln |
|
Q2 Net Income |
| -$5.75 mln |
|
Q2 Basic EPS |
| -$0.09 |
|
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 63.1% above its August 11 closing price of C$1.79
Press Release: ID:nBw70DNvPa