Largo Inc.: Largo TSX Delisting Review Resolved

Largo (LGO) reported Q2 2026 revenue of $44M, up 68.5%, with adjusted EBITDA at $2.7M. Higher pricing and volumes drove results, though costs rose due to external pressures. The company restructured $82.2M of debt, extending maturity to 2030. Largo secured a $60.1M U.S. Defense order and gained tariff exemptions for some products. It also began producing copper PGM concentrate as a byproduct, with initial monthly guidance of 300-380 tonnes. Management emphasized execution and cost management to

Largo Inc (LGO) shares rose 3.8% after-hours after restructuring $82.2M in debt, extending maturity to March 2030. The company, along with its Brazilian subsidiary, agreed with five banks to revise terms, including a six-month grace period and quarterly principal amortization. The restructuring aims to support operational plans, such as increasing copper-PGM production and fulfilling a $60M vanadium order for the U.S. Defense Logistics Agency.

Largo Inc. (TSX: LGO, NASDAQ: LGO) reported Q2 2026 results for the three months ended June 30, 2026. Revenues rose 68.5% to $44.0 million and Adjusted EBITDA increased to $2.7 million. V2O5 production grew 28.5% to 2,900 tonnes. The company forecast copper-PGM concentrate output of 300 to 380 tons per month and secured a $60.1 million U.S. Defense Logistics Agency delivery order.

Largo Inc. (LGO) furnished an SEC Form 6-K — earnings release. Press Release August 14, 2026 Largo Reports Q2 2026 Financial Results Reflecting 68% Revenue Growth and Positive Adjusted EBITDA, Despite Raw Material Input Cost Pressures; and Provides Guidance for New Copper-Platinum Group Metals Production All amounts expressed are in U.S. dol

Largo (TSX, Nasdaq: LGO) shares rose about 15% after Brazil’s National Mining Agency approved the company to produce and sell copper, PGMs, nickel and cobalt as by-products at its Maracás Menchen vanadium mine in Bahia. Largo says it completed industrial-scale test work and will use existing vanadium processing and ilmenite flotation infrastructure to commercialize a copper-PGM concentrate, with higher margins expected but no revenue targets provided.

Largo Inc. (TSX: LGO, Nasdaq: LGO) said Nasdaq notified it of noncompliance with the minimum $1.00 bid price requirement under Nasdaq Rule 5550(a)(2), after the Nasdaq closing bid stayed below $1.00 for 30 straight business days. The company has 180 days to regain compliance, and the notice does not affect its Nasdaq Capital Market listing or TSX listing.