Amerigo Resources (OTCMKTS:ARREF - Get Free Report) is projected to announce its results before the market opens on Wednesday, October 29th. Analysts expect the company to announce earnings of $0.06 per share and revenue of $52.20 million for the quarter.
Amerigo Resources (OTCMKTS:ARREF - Get Free Report) last announced its earnings results on Wednesday, July 30th. The company reported $0.05 earnings per share for the quarter, meeting analysts' consensus estimates of $0.05. Amerigo Resources had a return on equity of 15.99% and a net margin of 8.74%.The company had revenue of $50.85 million during the quarter, compared to analyst estimates of $49.40 million. On average, analysts expect Amerigo Resources to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Amerigo Resources Stock Down 3.5%
Amerigo Resources stock opened at $1.91 on Wednesday. Amerigo Resources has a 12-month low of $1.08 and a 12-month high of $2.18. The stock has a 50-day simple moving average of $1.78 and a 200 day simple moving average of $1.54. The stock has a market capitalization of $308.45 million, a price-to-earnings ratio of 17.37 and a beta of 1.89.
Amerigo Resources Cuts Dividend
The business also recently announced a dividend, which was paid on Friday, September 19th. Stockholders of record on Monday, September 1st were given a dividend of $0.0217 per share. This represents a dividend yield of 569.0%. The ex-dividend date was Friday, August 29th. Amerigo Resources's dividend payout ratio is presently 81.82%.
About Amerigo Resources
(
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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.
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