FY2025 EPS Estimate for Amerigo Resources Reduced by Analyst

Amerigo Resources Ltd. (TSE:ARG) – Atrium Research reduced their FY2025 earnings per share (EPS) estimates for shares of Amerigo Resources in a note issued to investors on Wednesday, October 29th. Atrium Research analyst B. Pirie now anticipates that the company will post earnings of $0.22 per share for the year, down from their previous forecast of $0.23. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.29 per share.

Amerigo Resources Stock Up 2.3%

Shares of ARG opened at C$3.06 on Friday. The company has a debt-to-equity ratio of 14.04, a current ratio of 0.91 and a quick ratio of 0.91. The company has a market capitalization of C$494.16 million, a P/E ratio of 27.82, a PEG ratio of 0.32 and a beta of 1.86. Amerigo Resources has a one year low of C$1.56 and a one year high of C$3.18. The business’s 50 day simple moving average is C$2.58 and its 200-day simple moving average is C$2.19.

Amerigo Resources Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 19th. Shareholders of record on Friday, December 19th will be given a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 5.2%. The ex-dividend date is Friday, November 28th. This is a boost from Amerigo Resources’s previous quarterly dividend of $0.03. Amerigo Resources’s dividend payout ratio is 104.64%.

Amerigo Resources Company Profile

Amerigo Resources Ltd is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary Minera Valle Central SA The group operates in one segment, the production of copper concentrates with the production of molybdenum concentrates as a by-product. The company geographically operates in Chile and Canada and earns most of its revenue from Chile.