Analysts Expect Amerigo Resources (ARREF) to Announce $0.01 Earnings Per Share
Amerigo Resources (NASDAQ:ARREF) has been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokers have set a one year consensus price objective of $0.90 for the company and are forecasting that the company will post $0.01 EPS for the current quarter, according to Zacks. Zacks has also assigned Amerigo Resources an industry rank of 185 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research lowered Amerigo Resources from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th.
Amerigo Resources (ARREF) opened at 0.655 on Monday. Amerigo Resources has a 52-week low of $0.12 and a 52-week high of $0.70. The stock’s market cap is $114.91 million. The firm has a 50-day moving average price of $0.63 and a 200 day moving average price of $0.52.
Amerigo Resources (NASDAQ:ARREF) last announced its quarterly earnings data on Thursday, August 10th. The company reported ($0.01) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.02 by ($0.03). The firm had revenue of $29.86 million during the quarter, compared to analyst estimates of $30.30 million.
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