Atrium Research Predicts TSE:ARG FY2024 Earnings

Amerigo Resources Ltd. (TSE:ARG) – Research analysts at Atrium Research issued their FY2024 earnings per share (EPS) estimates for Amerigo Resources in a research report issued to clients and investors on Wednesday, January 15th. Atrium Research analyst B. Pirie anticipates that the company will earn $0.22 per share for the year. Atrium Research currently 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 earnings results on Wednesday, October 30th. The company reported C$0.02 earnings per share (EPS) for the quarter. The company had revenue of C$61.99 million during the quarter. Amerigo Resources had a return on equity of 10.75% and a net margin of 7.16%.

Amerigo Resources Trading Down 0.6 %

TSE:ARG opened at C$1.67 on Monday. The firm has a market cap of C$277.15 million, a PE ratio of 16.70, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11. The stock has a fifty day moving average price of C$1.64 and a 200 day moving average price of C$1.67. Amerigo Resources has a 12-month low of C$1.22 and a 12-month high of C$2.05. The company has a current ratio of 0.97, a quick ratio of 0.91 and a debt-to-equity ratio of 12.87.

Amerigo Resources Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 20th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 7.19%. The ex-dividend date of this dividend was Friday, November 29th. Amerigo Resources’s dividend payout ratio (DPR) is currently 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.