Q3 2024 EPS Estimates for Amerigo Resources Ltd. Reduced by Analyst (OTCMKTS:ARREF)

Amerigo Resources Ltd. (OTCMKTS:ARREF) – Sidoti Csr decreased their Q3 2024 earnings estimates for shares of Amerigo Resources in a report issued on Thursday, August 1st. Sidoti Csr analyst S. Ferazani now expects that the company will post earnings per share of $0.03 for the quarter, down from their previous estimate of $0.05. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.18 per share. Sidoti Csr also issued estimates for Amerigo Resources’ Q4 2024 earnings at $0.07 EPS, FY2024 earnings at $0.18 EPS and Q1 2025 earnings at $0.05 EPS.

Amerigo Resources (OTCMKTS:ARREF) last posted its quarterly earnings data on Wednesday, May 8th. The company reported $0.03 EPS for the quarter, hitting analysts’ consensus estimates of $0.03. Amerigo Resources had a return on equity of 11.50% and a net margin of 7.16%. The company had revenue of $44.92 million for the quarter, compared to the consensus estimate of $47.71 million.

Amerigo Resources Trading Down 3.8 %

Amerigo Resources stock opened at $1.10 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.91. The firm has a market cap of $182.56 million, a price-to-earnings ratio of -109.89, a price-to-earnings-growth ratio of 0.32 and a beta of 3.07. The firm’s 50 day moving average price is $1.20 and its two-hundred day moving average price is $1.15. Amerigo Resources has a 1 year low of $0.80 and a 1 year high of $1.52.

Amerigo Resources Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, August 6th. Investors of record on Wednesday, July 17th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Tuesday, July 16th. This represents a yield of 13.01%. This is a boost from Amerigo Resources’s previous dividend of $0.02. Amerigo Resources’s dividend payout ratio (DPR) is currently -1,198.80%.

About Amerigo Resources

Amerigo Resources Ltd., through its subsidiary, Minera Valle Central SA, engages in the production and sale of copper and molybdenum concentrates from Codelco's El Teniente underground mine in Chile. The company was formerly known as Golden Temple Mining Corp. and changed its name to Amerigo Resources Ltd.