Amerigo Resources Ltd. (OTCMKTS:ARREF) to Post Q3 2024 Earnings of $0.06 Per Share, Sidoti Csr Forecasts

Amerigo Resources Ltd. (OTCMKTS:ARREF) – Analysts at Sidoti Csr lifted their Q3 2024 EPS estimates for shares of Amerigo Resources in a report released on Thursday, April 11th. Sidoti Csr analyst S. Ferazani now expects that the company will post earnings per share of $0.06 for the quarter, up from their prior estimate of $0.05. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.12 per share.

Amerigo Resources Trading Down 3.8 %

OTCMKTS ARREF opened at $1.21 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.60 and a current ratio of 0.75. The firm has a market cap of $200.11 million, a PE ratio of 121.00, a P/E/G ratio of 0.52 and a beta of 3.15. Amerigo Resources has a one year low of $0.80 and a one year high of $1.38. The firm’s fifty day moving average is $1.04 and its two-hundred day moving average is $0.98.

Amerigo Resources (OTCMKTS:ARREF) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. Amerigo Resources had a net margin of 2.04% and a return on equity of 2.88%. The firm had revenue of $42.45 million for the quarter, compared to analyst estimates of $46.66 million.

Amerigo Resources Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 20th. Shareholders of record on Wednesday, March 6th were paid a $0.0222 dividend. The ex-dividend date was Tuesday, March 5th. This is a positive change from Amerigo Resources’s previous dividend of $0.02. This represents a yield of 9.17%. Amerigo Resources’s payout ratio is currently 900.00%.

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.