Atrium Research Estimates TSE:ARG FY2024 Earnings

Amerigo Resources Ltd. (TSE:ARG) – Equities researchers at Atrium Research issued their FY2024 earnings estimates for Amerigo Resources in a report released on Wednesday, January 15th. Atrium Research analyst B. Pirie expects that the company will post earnings per share of $0.22 for the year. Atrium Research has a “Strong-Buy” rating on the stock. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.29 per share. Atrium Research also issued estimates for Amerigo Resources’ FY2025 earnings at $0.20 EPS.

Amerigo Resources (TSE:ARG) last posted its quarterly earnings data on Wednesday, October 30th. The company reported C$0.02 earnings per share for the quarter. Amerigo Resources had a return on equity of 10.75% and a net margin of 7.16%. The firm had revenue of C$61.99 million during the quarter.

Amerigo Resources Trading Down 1.2 %

Amerigo Resources stock opened at C$1.68 on Monday. Amerigo Resources has a one year low of C$1.22 and a one year high of C$2.05. The stock has a market cap of C$278.81 million, a PE ratio of 16.80, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11. The company has a debt-to-equity ratio of 12.87, a quick ratio of 0.91 and a current ratio of 0.97. The stock has a 50-day moving average of C$1.64 and a two-hundred day moving average of C$1.67.

Amerigo Resources Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 20th were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 7.14%. The ex-dividend date was Friday, November 29th. Amerigo Resources’s dividend payout ratio (DPR) is presently 120.00%.

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.