Brokers Set Expectations for Amerigo Resources Ltd.’s Q3 2024 Earnings (OTCMKTS:ARREF)
Amerigo Resources Ltd. (OTCMKTS:ARREF – Free Report) – Analysts at Sidoti Csr decreased their Q3 2024 EPS estimates for shares of Amerigo Resources in a report issued on Thursday, May 9th. Sidoti Csr analyst S. Ferazani now anticipates that the company will post earnings of $0.05 per share for the quarter, down from their previous forecast of $0.06. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.16 per share.
Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The company reported $0.03 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.03. Amerigo Resources had a negative net margin of 0.96% and a negative return on equity of 1.32%. The business had revenue of $44.92 million during the quarter, compared to the consensus estimate of $47.71 million.
Amerigo Resources Stock Performance
OTCMKTS ARREF opened at $1.31 on Monday. The stock has a market capitalization of $216.21 million, a price-to-earnings ratio of -130.59, a PEG ratio of 0.41 and a beta of 3.13. The stock has a 50-day moving average of $1.16 and a 200 day moving average of $1.03. The company has a current ratio of 0.75, a quick ratio of 0.60 and a debt-to-equity ratio of 0.10. Amerigo Resources has a twelve month low of $0.80 and a twelve month high of $1.34.
Amerigo Resources Increases Dividend
The firm also recently announced a dividend, which was paid on Wednesday, March 20th. Stockholders of record on Wednesday, March 6th were given a dividend of $0.0222 per share. This is a positive change from Amerigo Resources’s previous dividend of $0.02. The ex-dividend date was Tuesday, March 5th. This represents a dividend yield of 9.17%. Amerigo Resources’s dividend payout ratio (DPR) is -899.10%.
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.
See Also
Receive News & Ratings for Amerigo Resources Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Amerigo Resources and related companies with MarketBeat.com’s FREE daily email newsletter.
