Amerigo Resources (ARREF) Projected to Post Quarterly Earnings on Wednesday

Amerigo Resources (OTCMKTS:ARREF - Get Free Report) is anticipated to release its earnings data before the market opens on Wednesday, July 30th. Analysts expect Amerigo Resources to post earnings of $0.05 per share and revenue of $49.40 million for the quarter.

Amerigo Resources (OTCMKTS:ARREF - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.02). Amerigo Resources had a return on equity of 17.75% and a net margin of 9.87%. The company had revenue of $39.50 million during the quarter, compared to analysts' expectations of $46.70 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 Price Performance

ARREF stock traded down $0.05 during trading on Friday, hitting $1.70. 83,160 shares of the company's stock traded hands, compared to its average volume of 156,587. Amerigo Resources has a 52 week low of $1.03 and a 52 week high of $1.81. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.77 and a current ratio of 0.91. The business has a fifty day simple moving average of $1.49 and a 200 day simple moving average of $1.33. The stock has a market capitalization of $273.85 million, a price-to-earnings ratio of 14.13, a P/E/G ratio of 0.42 and a beta of 1.91.

Amerigo Resources Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 20th. Shareholders of record on Monday, June 2nd were given a dividend of $0.0218 per share. The ex-dividend date of this dividend was Friday, May 30th. This represents a yield of 6.59%. This is a positive change from Amerigo Resources's previous dividend of $0.02. Amerigo Resources's dividend payout ratio (DPR) is 75.00%.

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.