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Largo Q3 net loss widens
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Largo Q3 net loss widens
Nov 12, 2025 1:38 PM

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/Mis Actual Consensu

s s

Estimate

Q3 $33.26

Revenue mln

Q3 Net -$36.62

Income mln

Q3 Basic -$0.57

EPS

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 ( LGO ) is C$4.85, about 67.2% above its November 11 closing price of C$1.59

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(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.)

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