Amerigo Resources Ltd. (TSE:ARG - Free Report) - Investment analysts at Atrium Research cut their FY2026 earnings per share (EPS) estimates for Amerigo Resources in a report issued on Monday, September 14th. Atrium Research analyst B. Pirie now forecasts that the company will post earnings per share of $0.57 for the year, down from their prior forecast of $0.58. The consensus estimate for Amerigo Resources' current full-year earnings is $0.29 per share.
Amerigo Resources Trading Up 1.6%
Shares of TSE:ARG opened at C$8.41 on Tuesday. The firm has a market capitalization of C$1.36 billion, a PE ratio of 24.74, a PEG ratio of 0.32 and a beta of 2.15. Amerigo Resources has a 1-year low of C$2.32 and a 1-year high of C$8.92. The business's 50 day moving average is C$7.67 and its 200-day moving average is C$6.62.
Amerigo Resources (TSE:ARG - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The company reported C$0.16 EPS for the quarter. Amerigo Resources had a return on equity of 50.54% and a net margin of 18.55%.The firm had revenue of C$109.93 million during the quarter.
Insiders Place Their Bets
In other Amerigo Resources news, Director Aurora Davidson sold 7,500 shares of Amerigo Resources stock in a transaction on Tuesday, September 8th. The shares were sold at an average price of C$8.53, for a total transaction of C$63,975.00. Following the sale, the director owned 1,436,046 shares in the company, valued at C$12,249,472.38. The trade was a 0.52% decrease in their ownership of the stock. Insiders have sold a total of 125,000 shares of company stock worth $998,841 in the last 90 days. 12.95% of the stock is owned by insiders.
Amerigo Resources Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, September 18th. Investors of record on Friday, September 18th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend is Friday, August 28th. Amerigo Resources's dividend payout ratio (DPR) is 77.12%.
About Amerigo Resources
(
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Amerigo is an innovative copper producer with a long-term relationship, through its fully-owned subsidiary Minera Valle Central ('MVC'), with Corporación Nacional del Cobre de Chile ('Codelco'), the world's largest copper producer. Amerigo produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation in Chile by processing fresh and historic tailings from Codelco's El Teniente mine, the world's largest underground copper mine.
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