Atrium Research Analysts Lift Earnings Estimates for TSE:ARG

Amerigo Resources Ltd. (TSE:ARG) – Analysts at Atrium Research increased their FY2026 earnings estimates for Amerigo Resources in a research note issued on Monday, April 13th. Atrium Research analyst B. Pirie now anticipates that the company will post earnings per share of $0.30 for the year, up from their prior forecast of $0.25. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.29 per share.

Amerigo Resources Stock Performance

Shares of TSE:ARG opened at C$6.43 on Wednesday. Amerigo Resources has a 52-week low of C$1.66 and a 52-week high of C$6.59. The company has a market capitalization of C$1.04 billion, a P/E ratio of 30.62, a price-to-earnings-growth ratio of 0.32 and a beta of 2.04. The company has a 50-day simple moving average of C$5.52 and a 200 day simple moving average of C$4.51.

Amerigo Resources (TSE:ARG) last released its quarterly earnings data on Wednesday, February 25th. The company reported C$0.14 earnings per share for the quarter. The company had revenue of C$106.62 million for the quarter. Amerigo Resources had a net margin of 13.14% and a return on equity of 33.30%.

Insider Activity

In other news, Director Christian Caceres sold 34,381 shares of the firm’s stock in a transaction that occurred on Thursday, March 26th. The stock was sold at an average price of C$4.81, for a total value of C$165,372.61. Following the completion of the sale, the director directly owned 89,200 shares of the company’s stock, valued at C$429,052. This trade represents a 27.82% decrease in their ownership of the stock. Insiders sold 123,581 shares of company stock valued at $591,477 over the last ninety days. Company insiders own 12.95% of the company’s stock.

Amerigo Resources Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 20th. Shareholders of record on Friday, March 20th were paid a $0.04 dividend. The ex-dividend date was Friday, March 6th. This represents a $0.16 annualized dividend and a yield of 2.5%. Amerigo Resources’s dividend payout ratio is currently 61.67%.

About Amerigo Resources

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.