▲ +90.52% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Largo Resources in the last 3 months. The average price target is $1.60, with a high forecast of $1.80 and a low forecast of $1.50. The average price target represents a 90.52% upside from the last price of $0.84.
The current consensus among 4 investment analysts is to buy stock in Largo Resources. This Buy consensus rating has held steady for over two years.
Largo Resources Ltd., a natural resource company, engages in the acquisition, exploration, development, and operation of mining and exploration properties in Brazil and Canada. It primarily explores for vanadium, iron, tungsten, and molybdenum deposits. The company holds 99.94% interest in the MaracÃ¡s Menchen mine covering an area of 17,690 hectares located in the eastern Bahia State of Brazil. It also holds 100% interest in the Campo Alegre de Lourdes project, an iron vanadium property in Bahia, Brazil; the Currais Novos, a tungsten project in Brazil; and the Northern Dancer project, a tungsten and molybdenum property in Yukon, Canada. The company was formerly known as Consolidated Kaitone Holdings Ltd. and changed its name to Largo Resources Ltd. in June 2004. Largo Resources Ltd. was incorporated in 1988 and is headquartered in Toronto, Canada.