Largo Resources Ltd (CVE:LGO) Director Purchases C$143,757.60 in Stock

Largo Resources Ltd (CVE:LGO) Director Paulo Misk purchased 168,000 shares of the business’s stock in a transaction dated Tuesday, June 23rd. The shares were purchased at an average cost of C$0.86 per share, with a total value of C$143,757.60. Following the purchase, the director now directly owns 555,736 shares in the company, valued at C$475,543.30.

Largo Resources Ltd has a 52-week low of C$0.11 and a 52-week high of C$0.81.

LGO has been the subject of a number of research reports. Royal Bank of Canada decreased their target price on Largo Resources from C$1.90 to C$1.80 and set an “outperform” rating for the company in a report on Thursday, May 28th. Eight Capital set a C$1.40 target price on Largo Resources in a research report on Tuesday, April 14th. Finally, HC Wainwright cut their target price on Largo Resources from C$2.20 to C$1.50 in a research report on Monday, March 23rd.

Largo Resources Company Profile

Largo Resources Ltd. is a natural resource development and exploration company. The Company is engaged in the acquisition, exploration, development and operation of mining and exploration properties located in Brazil and Canada. The Company operates through two segments: mine properties, and exploration and evaluation properties.

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