Amerigo Resources (ARREF) to Release Quarterly Earnings on Wednesday

Amerigo Resources (OTCMKTS:ARREF - Get Free Report) is expected to be posting its quarterly earnings results on Wednesday, May 7th. Analysts expect Amerigo Resources to post earnings of $0.04 per share and revenue of $46.70 million for the quarter.

Amerigo Resources (OTCMKTS:ARREF - Get Free Report) last issued its earnings results on Wednesday, February 26th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.02). Amerigo Resources had a net margin of 11.23% and a return on equity of 19.30%. The business had revenue of $50.80 million for the quarter, compared to the consensus estimate of $53.20 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 Trading Up 0.9 %

Shares of OTCMKTS:ARREF traded up $0.01 during midday trading on Friday, hitting $1.25. The company had a trading volume of 9,510 shares, compared to its average volume of 67,003. The firm has a fifty day simple moving average of $1.27 and a 200 day simple moving average of $1.22. The stock has a market cap of $205.63 million, a price-to-earnings ratio of 9.62, a PEG ratio of 0.30 and a beta of 1.88. The company has a current ratio of 0.91, a quick ratio of 0.80 and a debt-to-equity ratio of 0.06. Amerigo Resources has a 12 month low of $1.03 and a 12 month high of $1.52.

Amerigo Resources Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 20th. Investors of record on Friday, March 7th were paid a dividend of $0.0209 per share. This represents a yield of 6.75%. The ex-dividend date was Thursday, March 6th. Amerigo Resources's payout ratio is 61.54%.

About Amerigo Resources

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.