Amerigo Resources (ARREF) Announces Quarterly Earnings Results, Meets Expectations

Amerigo Resources (OTCMKTS:ARREF) announced its quarterly earnings results on Wednesday. The company reported $0.01 earnings per share for the quarter, hitting the consensus estimate of $0.01, MarketWatch Earnings reports. Amerigo Resources had a net margin of 5.96% and a return on equity of 8.73%.

Shares of ARREF opened at $0.82 on Thursday. Amerigo Resources has a fifty-two week low of $0.36 and a fifty-two week high of $1.09. The firm has a market capitalization of $140.71 million, a P/E ratio of 20.50 and a beta of 2.21. The company has a current ratio of 0.91, a quick ratio of 0.76 and a debt-to-equity ratio of 0.43.

Separately, Zacks Investment Research cut shares of Amerigo Resources from a “hold” rating to a “sell” rating in a research report on Wednesday, January 24th.

About Amerigo Resources

Amerigo Resources Ltd., through its subsidiary, produces and sells 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. in March 2002. Amerigo Resources Ltd.

Earnings History for Amerigo Resources (OTCMKTS:ARREF)

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