Amerigo Resources Ltd. (OTCMKTS:ARREF – Free Report) – Equities researchers at Sidoti Csr cut their FY2024 EPS estimates for shares of Amerigo Resources in a research note issued to investors on Thursday, September 12th. Sidoti Csr analyst S. Ferazani now forecasts that the company will earn $0.13 per share for the year, down from their previous forecast of $0.18. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.18 per share. Sidoti Csr also issued estimates for Amerigo Resources’ Q4 2024 earnings at $0.03 EPS.
Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last issued its quarterly earnings data on Wednesday, July 31st. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.05 by $0.01. Amerigo Resources had a net margin of 7.16% and a return on equity of 11.50%. The firm had revenue of $51.60 million for the quarter, compared to analysts’ expectations of $48.77 million.
Amerigo Resources Price Performance
Amerigo Resources Cuts Dividend
The company also recently announced a dividend, which will be paid on Friday, September 20th. Investors of record on Monday, September 2nd will be issued a $0.0217 dividend. This represents a yield of 6.95%. The ex-dividend date of this dividend is Friday, August 30th. Amerigo Resources’s dividend payout ratio is -800.00%.
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.
Featured Stories
- Five stocks we like better than Amerigo Resources
- How the NYSE and NASDAQ are Different, Why That Matters to Investors
- Palo Alto Analysts Drive it to New Highs: 50% Upside Is Possible
- How to Choose Top Rated Stocks
- Roblox’s Growth Beyond Kids: Stock Set for Major Moves
- 3 Warren Buffett Stocks to Buy Now
- 5 Oversold Stocks to Buy Right Now
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.