Except as otherwise set out herein, all amounts expressed are in thousands of U.S. dollars, denominated by "$" Q3 2020 Highlights Solid financial position: Cash at September 30, 2020 totaled $74.9 million Revenues of $27.5 million, an increase of 14% over Q3 2019 Revenues per pound sold7 of $5.37, a 34% increase over Q3 2019 Net income of $2.6 [...]
Shareholder conference call with Paulo Misk, President and CEO, Ernest Cleave, CFO and Paul Vollant, Director of Sales and Trading will be conducted at 10:00 a.m. ET on Friday, November 13, 2020. Largo Resources Ltd. will release its third quarter 2020 financial results on Thursday, November 12, 2020 after the close of market trading. Additionally [...]
Record V2O5 production of 3,092 tonnes in Q3 2020, a 5.0% increase over Q3 2019 Total sales exceeded production levels in August and September 2020 for the first time since commercial independence, highlighting successful rollout of the Company's strategy Record global V2O5 recovery rate2 of 84.2% in Q3 2020, an increase of 8.0% over Q3 2019 2020 [...]
Highlights Production of 2,562 tonnes of V2O5, an increase of 2.0% over Q2 2019 Two consecutive months of V2O5 production above nameplate capacity: 1,052 tonnes in May 2020 and 1,030 tonnes in June 2020 Global V2O5 recovery rate2 of 80.8%; Second quarter of strong global recoveries in 2020 Solid financial position: Cash at June 30, 2020 totaled [...]
Largo Resources Ltd. will release its second quarter 2020 financial results on Thursday, August 13, 2020 after the close of market trading. Additionally, the Company will host a conference call to discuss its second quarter 2020 operating and financial results on Friday, August 14 at 2:00 p.m. ET. Details of the conference call are listed below [...]
Largo Resources Ltd. is pleased to announce the release of its 2019 sustainability report, highlighted by new performance metrics and reporting standards. Paulo Misk, President and Chief Executive Officer stated: "Largo's second annual report on sustainability performance marks another significant milestone in achieving our objective of becoming an [...]
V2O5 production of 2,562 tonnes in Q2 2020, a 2.0% increase over Q2 2019 Global V2O5 recovery rate2 of 80.8% in Q2 2020 compared to 79.1% in Q2 2019 Nameplate capacity increase by 10%: Planned kiln upgrades and cooler maintenance scheduled for Q4 2020 with a capex of US$1.3 million First independent vanadium shipment made on May 14, 2020 Operations [...]
Largo Resources Ltd. announces voting results from its Annual and Special Meeting of Shareholders held on Monday, June 8, 2020. A total of 447,446,948 common shares of the Company were voted at the Meeting, representing 79.5% of the Company's issued and outstanding common shares. Shareholders voted to approve all matters brought before the Meeting [...]
All financial figures are in Canadian dollars unless otherwise stated. Q1 2020 Highlights Net income of $5.7 million and basic earnings per share of $0.01 Cash operating costs excluding royalties1 of US$2.79 per lb of V2O5, a decrease of 18% over Q1 2019 Production of 2,831 tonnes of V2O5, a 35% increase over Q1 2019 V2O5 sales of 3,170 tonnes, a [...]
Strategic sales and marketing transition proven successful: Over 85% committed on guided annual sales for 2020 Sales and trading team fully operational out of its two commercial offices in Dublin, Ireland and Washington DC, USA. The Company announced the launch of VPURE™ and VPURE+™, newly developed brands for the Company's vanadium products in [...]
Largo Resources Ltd. will release its first quarter 2020 financial results on Tuesday, May 12, 2020 after the close of market trading. Additionally, the Company will host a conference call to discuss its first quarter 2020 operating and financial results on Wednesday, May 13 at 10:00 a.m. EST. Details of the conference call are listed below: Date [...]
Largo Resources Ltd. announces first quarter 2020 production results from its Maracás Menchen Mine with production of 2,831 tonnes of vanadium pentoxide produced at an average global recovery rate2 of 79.9%. Total production in Q1 2020 from the Maracás Menchen Mine was 2,831 tonnes of V2O5 representing an increase of 35% over Q1 2019. Production in [...]
