Shares of Amerigo Resources Ltd. (OTCMKTS:ARREF – Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $5.63 and last traded at $5.5650, with a volume of 117417 shares traded. The stock had previously closed at $5.39.
Amerigo Resources Price Performance
The firm has a market capitalization of $870.19 million, a P/E ratio of 19.25 and a beta of 1.60. The firm has a 50-day moving average price of $4.76 and a two-hundred day moving average price of $4.38.
Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The firm had revenue of $66.17 million for the quarter, compared to analysts’ expectations of $56.80 million. Amerigo Resources had a net margin of 18.78% and a return on equity of 42.15%.
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.
Further Reading
- Five stocks we like better than Amerigo Resources
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for Amerigo Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerigo Resources and related companies with MarketBeat.com's FREE daily email newsletter.
