Amerigo Resources (ARREF) Projected to Post Quarterly Earnings on Wednesday

Amerigo Resources (OTCMKTS:ARREFGet Free Report) is projected to announce its results before the market opens on Wednesday, July 29th. Analysts expect the company to post earnings of $0.07 per share and revenue of $73.20 million for the quarter.

Amerigo Resources (OTCMKTS:ARREFGet Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The company had revenue of $66.17 million for the quarter, compared to the consensus estimate of $56.80 million. Amerigo Resources had a net margin of 18.78% and a return on equity of 42.15%.

Amerigo Resources Stock Up 6.5%

Shares of OTCMKTS ARREF opened at $5.39 on Wednesday. The firm has a market cap of $870.19 million, a PE ratio of 19.25 and a beta of 1.60. The company’s fifty day simple moving average is $4.74 and its 200 day simple moving average is $4.34. Amerigo Resources has a 12-month low of $1.45 and a 12-month high of $5.58.

About Amerigo Resources

(Get Free Report)

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.

Further Reading

Earnings History for Amerigo Resources (OTCMKTS:ARREF)

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