Largo to Offer 14.262 Million Shares at $1.22 in Direct Registered Sale
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 15 2025
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Securities Purchase Agreements: Largo has entered into agreements to sell 14,262,309 common shares at $1.22 each, raising $17.4 million, with a closing date expected around October 22, pending certain conditions.
Private Placement and Financing: Concurrently, Arias Resource Capital Fund III will provide $6 million in financing and acquire shares and warrants, with a potential $5 million secured convertible bridge loan to support working capital and payments to lenders.
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Analyst Views on LGO
Wall Street analysts forecast LGO stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for LGO is 2.90 USD with a low forecast of 2.90 USD and a high forecast of 2.90 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 1.340
Low
2.90
Averages
2.90
High
2.90
Current: 1.340
Low
2.90
Averages
2.90
High
2.90
About LGO
Largo Inc. is a Canada-based producer and supplier of vanadium and ilmenite products. The Company’s segments include Sales & trading, Mine properties, Corporate, Exploration and evaluation properties (E&E properties), Clean Energy and Largo Physical Vanadium. Its VPURE and VPURE+ products are sourced from one of the vanadium deposits at the Company's Maracas Menchen Mine in Brazil. The Maracas Menchen Mine, located in Bahia State, Brazil, consists of vanadium resources and spans over 48,954 hectares. The VPURE+ Flakes are used in the production of master alloys, where it provides high strength-to-weight ratios for the titanium alloy and aerospace industries. It has also invested in the long-duration energy storage sector through its 50% ownership of Storion Energy, a joint venture with Stryten Energy focused on scalable domestic electrolyte production for utility-scale vanadium flow battery long-duration energy storage solutions in the United States.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Largo's Subsidiary Signs Agreement for Sale of 4.5 Million Tonnes of Iron Ore, Expected Proceeds Over $56 Million
- Agreement Signed: Largo's Brazilian subsidiary has finalized a sale agreement for up to 4.5 million tonnes of iron ore calcine material, with expected cash proceeds exceeding $56 million, indicating a proactive approach in resource management.
- Payment Structure: The agreement stipulates an initial payment of $2.9 million due by January 30, 2026, followed by a second payment of $1.9 million due by February 16, 2026, and monthly payments of $1.9 million expected to commence in April 2026, ensuring a steady cash inflow.
- Cash Flow Improvement: The transaction is anticipated to enhance the company's near-term cash flow while reducing long-term stockpile management costs and disposal requirements, thereby increasing financial flexibility and operational efficiency.
- Positive Market Reaction: LGO's stock price rose by 1.50% in pre-market trading to $1.35, reflecting a positive market sentiment towards the transaction, which may further bolster investor confidence.
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Largo (LGO.TO) Initiates Geological Studies to Assess Copper Continuity
- Geological Study Initiation: Largo has announced the commencement of geological studies to assess the continuity of its copper deposits, which is expected to provide critical data for future mineral development, thereby enhancing the company's competitiveness in the copper market.
- Resource Assessment Importance: This study will aid the company in better understanding the distribution and scale of its ore bodies, potentially influencing future mining plans and investment decisions, thus improving resource utilization efficiency.
- Market Reaction Anticipation: The market has reacted positively to this news, with investors focusing on copper price fluctuations and their potential impact on the company's financial performance, which may drive the stock price up in the short term.
- Strategic Development Direction: By conducting these geological studies, Largo aims to strengthen its position in the sustainable mining sector, aligning with the global trend of increasing demand for green energy and metals.
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