Largo Resources Announces Solid First Quarter 2021 Financial Results with Net Income of $4.1 Million; Strategic Developments of Clean Energy Division Continue
All amounts expressed are in U.S. dollars, denominated by “$”. Q1 2021 Highlights Net income of $4.1 million and basic earnings per share of $0.07 Cash operating costs excluding royalties 1 of $2.87 per lb V 2 O 5 vs. $2.66 per lb in Q1 2020 Revenues of $39.8 million, 4% lower than Q1 2020; Revenues per lb sold 2 of $6.49, an 8% increase over Q1 2020 Cash balance of $48.7 million exiting Q1 2021 Production of … All amounts expressed are in U.S. dollars, denominated by “$”. Q1 2021 Highlights Cash operating costs excluding royalties 1 of $2.87 per lb V