FY2026 EPS Estimates for TSE:ARG Cut by Atrium Research

Amerigo Resources Ltd. (TSE:ARGFree Report) – Atrium Research reduced their FY2026 earnings per share (EPS) estimates for shares of Amerigo Resources in a note issued to investors on Monday, September 14th. Atrium Research analyst B. Pirie now anticipates that the company will post earnings of $0.57 per share for the year, down from their previous forecast of $0.58. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.29 per share.

Amerigo Resources (TSE:ARGGet Free Report) last issued its quarterly earnings data on Wednesday, July 29th. The company reported C$0.16 earnings per share (EPS) for the quarter. The firm had revenue of C$109.93 million during the quarter. Amerigo Resources had a return on equity of 50.54% and a net margin of 18.55%.

Amerigo Resources Stock Performance

Shares of ARG stock opened at C$8.41 on Tuesday. Amerigo Resources has a 52 week low of C$2.32 and a 52 week high of C$8.92. The stock has a market capitalization of C$1.36 billion, a PE ratio of 24.74, a PEG ratio of 0.32 and a beta of 2.15. The stock’s fifty day moving average is C$7.67 and its 200-day moving average is C$6.62.

Insiders Place Their Bets

In other Amerigo Resources news, Director Aurora Davidson sold 7,500 shares of the business’s stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of C$8.53, for a total value of C$63,975.00. Following the completion of the transaction, the director directly owned 1,436,046 shares of the company’s stock, valued at approximately C$12,249,472.38. The trade was a 0.52% decrease in their ownership of the stock. In the last ninety days, insiders have sold 125,000 shares of company stock valued at $998,841. Company insiders own 12.95% of the company’s stock.

Amerigo Resources Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 18th. Shareholders of record on Friday, September 18th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Friday, August 28th. This represents a $0.16 dividend on an annualized basis and a yield of 1.9%. Amerigo Resources’s dividend payout ratio is currently 77.12%.

About Amerigo Resources

(Get Free Report)

Amerigo is an innovative copper producer with a long-term relationship, through its fully-owned subsidiary Minera Valle Central (‘MVC’), with Corporación Nacional del Cobre de Chile (‘Codelco’), the world’s largest copper producer. Amerigo produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation in Chile by processing fresh and historic tailings from Codelco’s El Teniente mine, the world’s largest underground copper mine.

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