Amerigo Resources - ARREF Stock Forecast, Price & News

Amerigo Resources' stock was trading at $1.15 at the beginning of the year. Since then, ARREF stock has decreased by 17.4% and is now trading at $0.95.
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Amerigo Resources saw a increase in short interest during the month of July. As of July 31st, there was short interest totaling 109,500 shares, an increase of 169.7% from the July 15th total of 40,600 shares. Based on an average daily trading volume, of 161,100 shares, the days-to-cover ratio is presently 0.7 days.
View Amerigo Resources' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our ARREF earnings forecast.

Amerigo Resources Ltd. (OTCMKTS:ARREF) announced its quarterly earnings data on Thursday, February, 18th. The company reported $0.05 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.02. The business had revenue of $47.20 million for the quarter. Amerigo Resources had a trailing twelve-month return on equity of 19.50% and a net margin of 14.80%.
Read the conference call transcript.

Amerigo Resources announced a dividend on Saturday, May 21st. Stockholders of record on Friday, May 27th will be given a dividend of $0.0234 per share on Monday, June 20th. This represents a yield of 7.14%. The ex-dividend date is Thursday, May 26th.
Read our dividend analysis for ARREF.

Amerigo Resources (OTCMKTS:ARREF) pays an annual dividend of $0.09 per share and currently has a dividend yield of 9.50%. ARREF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 56.25%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ARREF will have a dividend payout ratio of 56.25% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ARREF.

Amerigo Resources trades on the OTCMKTS under the ticker symbol "ARREF."

Shares of ARREF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ARREF stock can currently be purchased for approximately $0.95.

Amerigo Resources (OTCMKTS:ARREF) has a market capitalization of $165.84 million and generates $199.60 million in revenue each year. The company earns $39.82 million in net income (profit) each year or $0.16 on an earnings per share basis.

The company employs 299 workers across the globe.

Amerigo Resources' mailing address is 355 Burrard Street Suite 1260, Vancouver A1, V6C 2G8. The official website for the company is www.amerigoresources.com. The company can be reached via phone at (604) 681-2802 or via fax at 604-681-2802.