Shares of Largo Resources Ltd. (OTCMKTS:LGORD – Get Rating) traded down 1% during trading on Wednesday . The stock traded as low as $5.94 and last traded at $6.04. 53,431 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 92,876 shares. The stock had previously closed at $6.10.
Largo Resources Stock Down 1.0 %
The company’s fifty day moving average price is $6.23 and its 200 day moving average price is $5.93.
About Largo Resources
Largo Resources Ltd., a natural resource company, engages in the acquisition, exploration, development, and operation of mining and exploration properties in Brazil and Canada. It primarily explores for vanadium, iron, tungsten, and molybdenum deposits. The company holds 99.94% interest in the Maracás Menchen mine covering an area of 17,690 hectares located in the eastern Bahia State of Brazil.
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