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 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 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.”