Atrium Research Comments on TSE:ARG FY2024 Earnings

Amerigo Resources Ltd. (TSE:ARG) – Equities research analysts at Atrium Research issued their FY2024 earnings per share estimates for Amerigo Resources in a research note issued to investors on Wednesday, January 15th. Atrium Research analyst B. Pirie forecasts that the company will earn $0.22 per share for the year. Atrium Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.29 per share. Atrium Research also issued estimates for Amerigo Resources’ FY2025 earnings at $0.20 EPS.

Amerigo Resources Trading Down 1.2 %

Amerigo Resources stock opened at C$1.68 on Monday. The firm has a market cap of C$278.81 million, a PE ratio of 16.80, a P/E/G ratio of 0.32 and a beta of 3.11. Amerigo Resources has a 12 month low of C$1.22 and a 12 month high of C$2.05. The stock’s 50 day simple moving average is C$1.64 and its two-hundred day simple moving average is C$1.67. The company has a current ratio of 0.97, a quick ratio of 0.91 and a debt-to-equity ratio of 12.87.

Amerigo Resources (TSE:ARG) last released its quarterly earnings data on Wednesday, October 30th. The company reported C$0.02 earnings per share for the quarter. The firm had revenue of C$61.99 million for the quarter. Amerigo Resources had a net margin of 7.16% and a return on equity of 10.75%.

Amerigo Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 20th were issued a $0.03 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.12 dividend on an annualized basis and a yield of 7.14%. Amerigo Resources’s payout ratio is 120.00%.

About Amerigo Resources

Amerigo Resources Ltd., through its subsidiary, Minera Valle Central SA, engages in the production and sale of copper and molybdenum concentrates from Codelco's El Teniente underground mine in Chile. The company was formerly known as Golden Temple Mining Corp. and changed its name to Amerigo Resources Ltd.