Largo (TSX:LGO) Construction In Progress : C$23.6 Mil (As of Mar. 2025)

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What is Largo Construction In Progress?

Largo's quarterly construction in progress declined from Sep. 2024 (C$25.1 Mil) to Dec. 2024 (C$19.5 Mil) but then increased from Dec. 2024 (C$19.5 Mil) to Mar. 2025 (C$23.6 Mil).

Largo's annual construction in progress declined from Dec. 2022 (C$40.0 Mil) to Dec. 2023 (C$15.8 Mil) but then increased from Dec. 2023 (C$15.8 Mil) to Dec. 2024 (C$19.5 Mil).

Largo Construction In Progress Historical Data

The historical data trend for Largo's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Largo Construction In Progress Chart

Largo Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Construction In Progress

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10.64

6.55

39.97

15.79

19.53

Largo Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Construction In Progress	Get a 7-Day Free Trial															15.29	19.45	25.06	19.53	23.64

Largo Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Largo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Largo Inc (TSX:LGO) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

LGO:USA LR8:Germany

Address

100 King Street West, Suite 1600, First Canadian Place, Toronto, ON, CAN, M5X 1G5

Website

https://www.largoinc.com

Largo Inc is committed to the production and supply of high-quality vanadium products. The company is also focused on the advancement of renewable energy storage solutions through Largo Clean Energy and its vanadium redox flow battery technology. The Company is engaged in the mining, exploration, and development of mineral properties, predominantly in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder. The company has operating segments: sales & trading, mine properties, which generates key revenue, corporate, exploration and evaluation properties, Clean Energy, and Largo Physical Vanadium.

Executives

Paulo Misk	Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Nilson Luciano Helio Chaves	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Koko Yamamoto	Director
Ernest Michael Cleave	Senior Officer
Paul Dalglish	Senior Officer