GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Largo Inc (NAS:LGO) » Definitions » Market Cap

Largo (LGO) Market Cap

: $92.6 Mil (As of Today)
View and export this data going back to . Start your Free Trial

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Largo's share price for the quarter that ended in Dec. 2023 was $2.31. Largo's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 64.1 Mil. Therefore, Largo's market cap for the quarter that ended in Dec. 2023 was $148.0 Mil.

Largo's quarterly market cap declined from Jun. 2023 ($274.8 Mil) to Sep. 2023 ($181.3 Mil) and declined from Sep. 2023 ($181.3 Mil) to Dec. 2023 ($148.0 Mil).

Largo's annual market cap declined from Dec. 2021 ($599.4 Mil) to Dec. 2022 ($344.3 Mil) and declined from Dec. 2022 ($344.3 Mil) to Dec. 2023 ($148.0 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Largo's Enterprise Value for Today is $126.4 Mil.


Largo Market Cap Historical Data

The historical data trend for Largo's Market Cap 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.

* Premium members only.

Largo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 426.99 649.37 599.37 344.35 147.96

Largo Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 344.35 331.68 274.77 181.26 147.96

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Largo's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Largo Market Cap Distribution

For the Metals & Mining industry and Basic Materials sector, Largo's Market Cap distribution charts can be found below:

* The bar in red indicates where Largo's Market Cap falls into.



Largo Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Largo's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$2.31*64.0514
=$148.0

Largo's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$2.31*64.0514
=$148.0

* 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.


Largo  (NAS:LGO) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Largo Market Cap Related Terms

Thank you for viewing the detailed overview of Largo's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Largo (LGO) Business Description

Traded in Other Exchanges
Address
55 University Avenue, Suite 1105, Toronto, ON, CAN, M5J 2H7
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, primarily in Brazil, through which it produces and supplies vanadium products VPURE Flake, VPURE+ Flake, and VPURE+ Powder.

Largo (LGO) Headlines

From GuruFocus

Largo Announces Change in Leadership

By Business Wire Business Wire 02-16-2023