Free Trial

Amerigo Resources (OTCMKTS:ARREF) Shares Down 2.7% - What's Next?

Amerigo Resources logo with Basic Materials background

Shares of Amerigo Resources Ltd. (OTCMKTS:ARREF - Get Free Report) fell 2.7% on Friday . The company traded as low as $1.11 and last traded at $1.12. 101,894 shares changed hands during trading, an increase of 56% from the average session volume of 65,173 shares. The stock had previously closed at $1.15.

Amerigo Resources Trading Down 2.7 %

The company has a market capitalization of $183.78 million, a PE ratio of 8.59, a P/E/G ratio of 0.42 and a beta of 3.04. The company has a quick ratio of 0.84, a current ratio of 0.97 and a debt-to-equity ratio of 0.06. The firm's 50 day simple moving average is $1.24 and its 200-day simple moving average is $1.22.

Amerigo Resources (OTCMKTS:ARREF - Get Free Report) last issued its quarterly earnings data on Wednesday, October 30th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $45.44 million during the quarter, compared to analyst estimates of $46.13 million. Amerigo Resources had a net margin of 11.23% and a return on equity of 19.24%. As a group, equities research analysts anticipate that Amerigo Resources Ltd. will post 0.14 EPS for the current year.

Amerigo Resources Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, December 20th. Stockholders of record on Monday, December 2nd will be given a dividend of $0.0216 per share. This represents a dividend yield of 7.01%. The ex-dividend date is Friday, November 29th. Amerigo Resources's payout ratio is 69.24%.

About Amerigo Resources

(Get Free Report)

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.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should you invest $1,000 in Amerigo Resources right now?

Before you consider Amerigo Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amerigo Resources wasn't on the list.

While Amerigo Resources currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Click the link below and we'll send you MarketBeat's guide to investing in electric vehicle technologies (EV) and which EV stocks show the most promise.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines