Amerigo Resources (OTCMKTS:ARREF) Releases Earnings Results, Beats Expectations By $0.04 EPS

Amerigo Resources (OTCMKTS:ARREFGet Free Report) released its earnings results on Wednesday. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.04, Zacks reports. Amerigo Resources had a return on equity of 19.68% and a net margin of 10.39%.

Amerigo Resources Price Performance

ARREF traded up $0.10 on Wednesday, hitting $4.69. 97,147 shares of the stock were exchanged, compared to its average volume of 281,928. The firm has a market capitalization of $755.26 million, a price-to-earnings ratio of 36.11 and a beta of 1.56. Amerigo Resources has a 12 month low of $1.11 and a 12 month high of $4.87. The business has a 50-day moving average of $3.88 and a two-hundred day moving average of $2.70.

About Amerigo Resources

(Get Free Report)

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 Articles

Earnings History for Amerigo Resources (OTCMKTS:ARREF)

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.