Amerigo Resources Ltd. (OTCMKTS:ARREF – Get Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $3.51, but opened at $3.63. Amerigo Resources shares last traded at $3.4480, with a volume of 25,894 shares.
Amerigo Resources Price Performance
The company’s 50-day simple moving average is $4.15 and its 200 day simple moving average is $3.03. The firm has a market cap of $559.14 million, a P/E ratio of 16.55 and a beta of 1.54.
Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.04. The company had revenue of $79.80 million for the quarter, compared to analysts’ expectations of $70.20 million. Amerigo Resources had a return on equity of 33.83% and a net margin of 15.57%. Analysts anticipate that Amerigo Resources Ltd. will post 0.14 EPS for the current fiscal year.
About Amerigo Resources
Amerigo Resources Ltd. is a Canada-based mineral resource development company focused on copper deposits in Chile. Its primary asset, the Minera Valle Central (MVC) project, recovers copper from tailings produced by Codelco’s Salvador Division and processes the material into copper concentrate. By leveraging existing plant infrastructure and water rights, Amerigo’s MVC operation delivers a lower-impact, cost-effective source of high-grade copper for global markets.
Amerigo holds the operating licence for MVC under a joint-venture framework with Codelco, Chile’s state-owned mining company.
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