Q3 2024 Earnings Estimate for Amerigo Resources Ltd. (OTCMKTS:ARREF) Issued By Sidoti Csr

Amerigo Resources Ltd. (OTCMKTS:ARREF) – Investment analysts at Sidoti Csr reduced their Q3 2024 earnings per share estimates for shares of Amerigo Resources in a note issued to investors on Thursday, September 12th. Sidoti Csr analyst S. Ferazani now anticipates that the company will post earnings of $0.02 per share for the quarter, down from their prior estimate of $0.03. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.18 per share. Sidoti Csr also issued estimates for Amerigo Resources’ Q1 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.07 EPS, FY2025 earnings at $0.21 EPS, Q1 2026 earnings at $0.07 EPS, Q2 2026 earnings at $0.05 EPS and FY2026 earnings at $0.24 EPS.

Amerigo Resources Stock Performance

OTCMKTS ARREF opened at $1.17 on Friday. The stock has a 50-day simple moving average of $1.19 and a two-hundred day simple moving average of $1.20. The firm has a market capitalization of $193.34 million, a P/E ratio of -116.50, a PEG ratio of 0.32 and a beta of 3.03. Amerigo Resources has a fifty-two week low of $0.80 and a fifty-two week high of $1.52. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.76 and a current ratio of 0.91.

Amerigo Resources (OTCMKTS:ARREF) last issued its quarterly earnings results on Wednesday, July 31st. The company reported $0.06 EPS for the quarter, topping analysts’ consensus estimates of $0.05 by $0.01. Amerigo Resources had a return on equity of 11.50% and a net margin of 7.16%. The company had revenue of $51.60 million during the quarter, compared to analysts’ expectations of $48.77 million.

Amerigo Resources Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, September 20th. Shareholders of record on Monday, September 2nd will be paid a dividend of $0.0217 per share. The ex-dividend date of this dividend is Friday, August 30th. This represents a dividend yield of 6.95%. Amerigo Resources’s payout ratio is currently -800.00%.

Amerigo Resources Company Profile

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.