Amerigo Resources Ltd. (OTCMKTS:ARREF – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $6.15, but opened at $5.91. Amerigo Resources shares last traded at $5.9580, with a volume of 40,503 shares traded.
Amerigo Resources Stock Performance
The stock has a market cap of $951.28 million, a price-to-earnings ratio of 17.33 and a beta of 1.59. The firm’s 50-day simple moving average is $5.15 and its two-hundred day simple moving average is $4.64.
Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.07 by $0.04. The business had revenue of $77.37 million for the quarter, compared to analysts’ expectations of $73.20 million. Amerigo Resources had a net margin of 20.87% and a return on equity of 50.64%.
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.
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