Atrium Research Issues Positive Outlook for TSE:ARG Earnings

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

Amerigo Resources Stock Up 1.8%

TSE ARG traded up C$0.04 during mid-day trading on Monday, reaching C$2.32. 172,992 shares of the company's stock traded hands, compared to its average volume of 267,194. Amerigo Resources has a 1-year low of C$1.50 and a 1-year high of C$2.34. The company has a fifty day simple moving average of C$1.97 and a 200-day simple moving average of C$1.83. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 14.04. The company has a market cap of C$267.18 million, a price-to-earnings ratio of 13.01, a P/E/G ratio of 0.32 and a beta of 3.11.

Amerigo Resources Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 20th. Stockholders of record on Friday, June 20th were given a $0.03 dividend. The ex-dividend date of this dividend was Friday, May 30th. This represents a $0.12 annualized dividend and a dividend yield of 5.17%. Amerigo Resources's payout ratio is 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.