Amerigo Resources - ARREF Stock Forecast, Price & News

Amerigo Resources' stock was trading at $0.9672 at the beginning of the year. Since then, ARREF stock has increased by 19.9% and is now trading at $1.16.
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Amerigo Resources saw a increase in short interest in the month of December. As of December 30th, there was short interest totaling 28,400 shares, an increase of 67.1% from the December 15th total of 17,000 shares. Based on an average trading volume of 62,000 shares, the short-interest ratio is presently 0.5 days.
View Amerigo Resources' Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023.
View our ARREF earnings forecast.

Amerigo Resources Ltd. (OTCMKTS:ARREF) released its quarterly earnings data on Wednesday, November, 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.01. The business had revenue of $30.86 million for the quarter, compared to analyst estimates of $29.99 million. Amerigo Resources had a net margin of 8.74% and a trailing twelve-month return on equity of 11.02%.

Amerigo Resources announced a dividend on Tuesday, November 22nd. Investors of record on Wednesday, November 30th will be paid a dividend of $0.0218 per share on Tuesday, December 20th. This represents a yield of 9.45%. The ex-dividend date of this dividend is Tuesday, November 29th.
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 7.66%. ARREF has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 112.50%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ARREF will have a dividend payout ratio of 112.50% in the coming year. This indicates that the company may not be able to sustain their current 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 $1.16.

Amerigo Resources (OTCMKTS:ARREF) has a market capitalization of $192.59 million and generates $199.60 million in revenue each year. The company earns $39.82 million in net income (profit) each year or $0.08 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.