Amerigo Resources (ARREF) Announces Quarterly Earnings Results, Misses Expectations By $0.03 EPS
Amerigo Resources (NASDAQ:ARREF) announced its quarterly earnings data on Thursday. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by $0.03, Morningstar.com reports.
Shares of Amerigo Resources (ARREF) traded down 2.0426% during trading on Thursday, hitting $0.5611. 435,006 shares of the stock traded hands. Amerigo Resources has a 52-week low of $0.10 and a 52-week high of $0.63. The stock has a 50 day moving average of $0.46 and a 200 day moving average of $0.44. The firm’s market cap is $98.44 million.
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Separately, Zacks Investment Research downgraded shares of Amerigo Resources from a “hold” rating to a “strong sell” rating in a report on Monday, May 8th.
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