Largo Resources (CVE:LGO) PT Lowered to C$6.00 at CIBC

Largo Resources (CVE:LGO) had its price objective lowered by equities research analysts at CIBC from C$7.00 to C$6.00 in a report released on Wednesday, BayStreet.CA reports. The firm currently has a “neutral” rating on the stock.

Separately, Royal Bank of Canada decreased their price target on shares of Largo Resources from C$8.00 to C$5.00 and set an “outperform” rating for the company in a report on Wednesday, March 27th.

Largo Resources Price Performance

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

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.