Amerigo Resources Ltd. (OTCMKTS:ARREF – Get Free Report) gapped up prior to trading on Monday . The stock had previously closed at $5.04, but opened at $5.3450. Amerigo Resources shares last traded at $5.01, with a volume of 29,404 shares.
Amerigo Resources Trading Up 0.6%
The company has a market cap of $818.57 million, a PE ratio of 18.11 and a beta of 1.60. The company’s 50 day moving average is $4.72 and its 200 day moving average is $4.32.
Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The company had revenue of $66.17 million during the quarter, compared to analysts’ expectations of $56.80 million. Amerigo Resources had a net margin of 18.78% and a return on equity of 42.15%.
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.
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