Average Price Target: C$23.33
▲ +19.78% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Largo Resources in the last 3 months. The average price target is C$23.33, with a high forecast of C$25.00 and a low forecast of C$20.00. The average price target represents a 19.78% upside from the last price of C$19.48.
The current consensus among 3 contributing investment analysts is to buy stock in Largo Resources. This rating has held steady since March 2021, when it changed from a Strong Buy consensus rating.
Largo Resources Ltd. operates as a natural resource development and exploration company in Brazil and Canada. It explores for vanadium, iron, tungsten, and molybdenum deposits. The company's principal operating asset is its 100% owned MaracÃ¡s Menchen mine covering an area of 17,690.5 hectares located in the eastern Bahia State of Brazil. It also holds 100% interests in the Northern Dancer Project, a tungsten and molybdenum property located in the Yukon, Canada; the Currais Novos Project, a tungsten project in Brazil; and the Campo Alegre de Lourdes project, an iron vanadium property in Bahia, Brazil. 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.