Amerigo Resources 5/8/2024 Earnings Report

Amerigo Resources EPS Results

• Actual EPS: $0.03
• Consensus EPS: $0.03
• Beat/Miss: Met Expectations
• One Year Ago EPS: N/A

Amerigo Resources Revenue Results

• Actual Revenue: $44.92 million
• Expected Revenue: $47.71 million
• Beat/Miss: Missed by -$2.79 million
• YoY Revenue Growth: N/A

Amerigo Resources Announcement Details

• Date: 5/8/2024
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Amerigo Resources (OTCMKTS:ARREF) 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. The arrangement grants Amerigo responsibility for the processing plant, tailings storage facilities and associated water concessions. In addition to ongoing production at MVC, the company is evaluating expansion opportunities through adjacent tailings targets, aiming to enhance resource recoveries and extend the project’s life of mine.

Incorporated in British Columbia in 2004, Amerigo began commercial production at MVC in 2015 and is headquartered in Vancouver. Its management team combines expertise in mineral project development, metals processing and sustainable water management. Amerigo’s business model emphasizes collaboration, innovation and environmental stewardship as it seeks to support a long-term, reliable supply of copper.