Amerigo Resources (OTCMKTS:ARREF – Get Free Report) issued its quarterly earnings results on Wednesday. The company reported $0.11 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04, Zacks reports. Amerigo Resources had a return on equity of 42.15% and a net margin of 18.78%.
Amerigo Resources Stock Down 1.0%
Amerigo Resources stock traded down $0.05 during trading hours on Wednesday, hitting $5.03. The stock had a trading volume of 18,097 shares, compared to its average volume of 181,913. The stock has a market capitalization of $812.25 million, a P/E ratio of 17.97 and a beta of 1.60. The stock’s 50-day moving average price is $4.79 and its 200-day moving average price is $4.41. Amerigo Resources has a 12-month low of $1.45 and a 12-month high of $5.65.
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.
Featured Stories
- Five stocks we like better than Amerigo Resources
- Broadcom’s $200 Billion Samsung Deal Shows How Costly the AI Memory Race Has Become
- 3 Refiners Benefiting From Oil Volatility and Tight Fuel Supply
- Carrier Earnings Could Send the Stock to a New All-Time High
- 3 Unique AI Software Plays With Strong Analyst Support
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 MarketBeat.com's FREE daily email newsletter.
