Public market insider buying at Largo Resources (LGO)

Public market insider buying at Largo Resources (T:LGO)

Paulo Misk, a Senior Officer, Director and 10% Holder, acquired 247,700 Common Shares on a direct ownership basis at prices ranging from $1.010 to $1.030 on January 7th, 2020. This represents a $253,771 investment into the company's shares and an account share holdings change of greater than 100%.

Largo Resources is in the Uranium Sub Industry Group under the Energy Sector.

Largo Resources Ltd is a Canada-based vanadium mining company. The company is focused on the production of vanadium flake and vanadium powder at the Maracs Menchen Mine located in Bahia State, Brazil. It operates through two segments: Mine properties, and Exploration and evaluation properties. It holds interest in the Currais Novos tungsten tailings property and Campo Alegre de Lourdes iron-vanadium property. The Currais Novos tungsten tailings property is located approximately 180 kilometers from Natal in the State of Rio Grande do Norte, Brazil. The Campo Alegre de Lourdes property is located approximately 880 kilometers north-northeast of Brasilia and over 650 kilometers northwest of Salvado. In Canada, the Company holds interest in the Northern Dancer tungsten-molybdenum property, located in the Yukon Territory. Largo Resources Ltd. (LGO) has below median officer and director direct ownership compared to its mid-cap peers in the market, based on our estimate using SEDI data. According to regulatory filings yesterday, one insider has invested a total amount of $253,771.