Amerigo Resources (NASDAQ:ARREF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Wednesday.

According to Zacks, “Amerigo Resources Ltd., through its subsidiary, is engaged in producing and selling copper and molybdenum concentrates primarily in Chile. Amerigo Resources Ltd. is headquartered in Vancouver, Canada. “

Shares of Amerigo Resources (NASDAQ:ARREF) traded up 4.1454% on Wednesday, reaching $0.5728. 142,832 shares of the company traded hands. The company’s market capitalization is $100.49 million. The firm’s 50 day moving average is $0.45 and its 200 day moving average is $0.43. Amerigo Resources has a one year low of $0.10 and a one year high of $0.63.

ILLEGAL ACTIVITY NOTICE: “Amerigo Resources (NASDAQ:ARREF) Downgraded to Hold at Zacks Investment Research” was first published by Daily Political and is the sole property of of Daily Political. If you are accessing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright and trademark law. The original version of this piece of content can be viewed at

Get a free copy of the Zacks research report on Amerigo Resources (ARREF)

For more information about research offerings from Zacks Investment Research, visit

Receive News & Ratings for Amerigo Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerigo Resources and related companies with's FREE daily email newsletter.