Amerigo Resources Ltd. (NASDAQ:ARREF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Monday.

According to Zacks, “Amerigo Resources Ltd., through its subsidiary, is engaged in producing and selling copper and molybdenum concentrates primarily in Chile. Amerigo Resources Ltd. is headquartered in Vancouver, Canada. “

Shares of Amerigo Resources (NASDAQ ARREF) traded down $0.01 during trading on Monday, hitting $0.65. 191,632 shares of the company traded hands, compared to its average volume of 44,340. Amerigo Resources has a one year low of $0.15 and a one year high of $0.70.

Amerigo Resources (NASDAQ:ARREF) last issued its quarterly earnings data on Thursday, August 10th. The company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.02 by ($0.03). The company had revenue of $29.86 million for the quarter, compared to the consensus estimate of $30.30 million.

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