LGORF - Largo Resources: The Vanadium Producer Is Looking For More Revenue Streams
- Largo Resources is one of the biggest and lowest-cost primary vanadium producers.
- Largo announced the launch of Largo Clean Energy, that should be producing vanadium redox flow batteries for the renewable energy industry.
- The company also considers supplementing its product mix by vanadium trioxide and titanium dioxide.
- At an enterprise value of $557 million, Largo is quite expensive. The shares will be worth considering, if the share price declines back to the support in the $0.7 area.
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Largo Resources: The Vanadium Producer Is Looking For More Revenue Streams