Sidoti Csr intervenes on the 2024 earnings of Amerigo Resources Ltd. (OTCMKTS:ARREF)

Amerigo Resources Ltd. (OTCMKTS:ARREF – Free Report ) – Equities researchers at Sidoti Csr lowered their FY2024 EPS estimates for shares of Amerigo Resources in a research note issued to investors on Thursday, September 12th. Csr analyst Sidoti S. Ferazani now anticipates that the company will earn $0.13 per share for the year, down from their prior 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 Your 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

Shares of OTCMKTS:ARREF opened at $1.16 on Monday. The company’s 50-day moving average price is $1.19 and its 200-day moving average price is $1.20. Amerigo Resources has a 12 month low of $0.80 and a 12 month high of $1.52. The company has a quick ratio of 0.76, a current ratio of 0.91, and a debt-to-equity ratio of 0.10. The stock has a market cap of $192.51 million, a PE ratio of -116.00, a price-to-earnings-growth ratio of 0.32 and a beta of 3.03.

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 30. Amerigo Resources’s dividend payout ratio is -800.00%.

About Amerigo Resources

(Get a free report)

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.

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