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Largo Reports First Quarterly Net Income and Other Financial and Operational Highlights for Q3 2017
Nov. 07, 2017 08:45AM PST
Battery MetalsLargo Resources (“Largo” or the “Company”) today released highlights of its financial results for the quarter ended September 30, 2017, as filed in full on SEDAR at http://www.sedar.com and on the Company’s website at http://www.largoresources.com. Mark Smith, President and Chief Executive Officer for Largo, stated: “Our Q3 2017 financial performance is our best to date and the first time …
Largo Resources (“Largo” or the “Company”) today released highlights of its financial results for the quarter ended September 30, 2017, as filed in full on SEDAR at https://www.sedar.com and on the Company’s website at https://www.largoresources.com.
Mark Smith, President and Chief Executive Officer for Largo, stated:
“Our Q3 2017 financial performance is our best to date and the first time Largo has achieved net income and earnings per share. This represents a significant improvement over previous quarters and was driven by excellent operating performance, especially due to our improvements in overall recovery levels and robust vanadium prices.
We anticipate continuing to deliver strong financial performance as the vanadium market continues to tighten and place upward pressure on vanadium pricing levels.”