Amerigo Resources (ARREF) Projected to Announce Quarterly Earnings on Wednesday

Amerigo Resources (OTCMKTS:ARREF) is expected to post its results before the market opens on Wednesday, July 29th. Analysts expect Amerigo Resources to post earnings of $0.07 per share and revenue of $73.20 million for the quarter.

Amerigo Resources (OTCMKTS:ARREF) last posted its earnings results on Wednesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.02. The firm had revenue of $66.17 million for the quarter, compared to the consensus estimate of $56.80 million. Amerigo Resources had a return on equity of 42.15% and a net margin of 18.78%.

Amerigo Resources Stock Performance

Shares of OTCMKTS ARREF opened at $5.24 on Tuesday. The stock has a market cap of $846.30 million, a PE ratio of 18.72 and a beta of 1.60. Amerigo Resources has a fifty-two week low of $1.45 and a fifty-two week high of $5.65. The stock has a fifty day moving average of $4.78 and a 200-day moving average of $4.40.

About Amerigo Resources

Amerigo Resources Ltd. is a Canada-based mineral resource development company focused on copper deposits in Chile. Its primary asset, the Minera Valle Central (MVC) project, recovers copper from tailings produced by Codelco’s Salvador Division and processes the material into copper concentrate. By leveraging existing plant infrastructure and water rights, Amerigo’s MVC operation delivers a lower-impact, cost-effective source of high-grade copper for global markets.

Amerigo holds the operating licence for MVC under a joint-venture framework with Codelco, Chile’s state-owned mining company.