Largo Resources (OTCMKTS:LGORD) Shares Up 5.9%

Largo Resources Ltd. (OTCMKTS:LGORD – Get Rating) shot up 5.9% on Tuesday . The company traded as high as $4.15 and last traded at $4.07. 60,280 shares changed hands during trading, a decline of 35% from the average session volume of 92,876 shares. The stock had previously closed at $3.84.
Largo Resources Price Performance
The stock has a fifty day moving average price of $4.61 and a 200-day moving average price of $5.35.
Largo Resources Company Profile
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.