![]() | Largo Resources Ltd. - LGO.t is focused on the production of vanadium at its flagship Maracás Menchen Mine in Brazil. The Maracás Menchen Mine boasts one of the highest-grade vanadium resources in the world and is one of the lowest-cost producers. Construction began in June 2012 and initial production of vanadium flake commenced in Q3 2014. | ![]() |
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Largo Resources Announces Record Full Year Production and Net Income of $316.0 Million in 2018
Q4 2018 Highlights
- Net income of $108.0 million and basic earnings per share of $0.21 in Q4 2018
- Revenues of $177.5 million in Q4 2018, a 262% increase over Q4 2017 and a 19% increase over Q3 2018
- Cash provided before non-cash working capital items of $134.4 million in Q4 2018, an increase of $112.9 million over Q4 2017
- Record production of 2,595 tonnes of V2O5 in Q4 2018
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