ValuEngine Downgrades Amerigo Resources (ARREF) to Hold

Amerigo Resources (OTCMKTS:ARREF) was downgraded by research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Friday.

Separately, Zacks Investment Research lowered shares of Amerigo Resources from a “buy” rating to a “hold” rating in a research report on Wednesday, August 9th.

Shares of Amerigo Resources (ARREF) traded up $0.04 on Friday, hitting $0.83. 144,549 shares of the stock were exchanged, compared to its average volume of 175,006. The firm has a market capitalization of $146.28, a price-to-earnings ratio of 20.75 and a beta of 2.32. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.74 and a quick ratio of 0.56. Amerigo Resources has a 1-year low of $0.20 and a 1-year high of $0.86.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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