Amerigo Resources Ltd. (OTCMKTS:ARREF – Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $3.36, but opened at $3.7130. Amerigo Resources shares last traded at $3.6835, with a volume of 3,455 shares trading hands.
Amerigo Resources Trading Down 0.2%
The stock has a market capitalization of $607.26 million, a PE ratio of 17.97 and a beta of 1.63. The stock has a 50 day moving average price of $4.07 and a 200-day moving average price of $3.11.
Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.04. Amerigo Resources had a return on equity of 33.00% and a net margin of 15.57%.The company had revenue of $79.80 million during the quarter, compared to analysts’ expectations of $70.20 million. Research analysts forecast that Amerigo Resources Ltd. will post 0.14 earnings per share for the current 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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