
Amerigo Resources Ltd. (TSE:ARG – Free 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:ARG – Get 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
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
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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