Amerigo Resources (ARREF) Projected to Post Earnings on Wednesday

Amerigo Resources (OTCMKTS:ARREF) will likely be announcing its earnings results on Wednesday, February 19th. Analysts expect the company to announce earnings of $0.04 per share and revenue of $53.20 million for the quarter.

Amerigo Resources Stock Down 1.6 %

Shares of Amerigo Resources stock opened at $1.27 on Wednesday. Amerigo Resources has a 12 month low of $0.91 and a 12 month high of $1.52. The business has a fifty day simple moving average of $1.15 and a 200 day simple moving average of $1.20. The company has a quick ratio of 0.80, a current ratio of 0.91 and a debt-to-equity ratio of 0.06. The stock has a market cap of $209.14 million, a PE ratio of 9.77, a price-to-earnings-growth ratio of 0.29 and a beta of 3.04.

Amerigo Resources Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 20th. Stockholders of record on Monday, December 2nd were given a dividend of $0.0216 per share. The ex-dividend date was Friday, November 29th. This represents a dividend yield of 7.01%. Amerigo Resources’s payout ratio is currently 69.24%.

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.