Atrium Research Issues Positive Outlook for TSE:ARG Earnings

Amerigo Resources Ltd. (TSE:ARG - Free Report) - Atrium Research upped their FY2025 earnings per share (EPS) estimates for Amerigo Resources in a research report issued on Wednesday, July 9th. Atrium Research analyst B. Pirie now expects that the company will earn $0.22 per share for the year, up from their previous forecast of $0.20. The consensus estimate for Amerigo Resources' current full-year earnings is $0.29 per share.

Amerigo Resources Stock Up 0.4%

Amerigo Resources stock traded up C$0.01 during mid-day trading on Monday, hitting C$2.29. The company's stock had a trading volume of 143,685 shares, compared to its average volume of 269,492. The firm's 50 day moving average is C$1.95 and its 200 day moving average is C$1.82. The company has a market cap of C$263.72 million, a PE ratio of 12.84, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11. The company has a debt-to-equity ratio of 14.04, a current ratio of 0.91 and a quick ratio of 0.91. Amerigo Resources has a 52-week low of C$1.50 and a 52-week high of C$2.32.

Amerigo Resources Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 20th were paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 5.24%. The ex-dividend date was Friday, May 30th. Amerigo Resources's dividend payout ratio (DPR) is presently 67.27%.

Amerigo Resources Company Profile

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.