Amerigo Resources Ltd. (OTCMKTS:ARREF – Free Report) – Analysts at Sidoti Csr raised their Q1 2024 earnings per share estimates for shares of Amerigo Resources in a research note issued on Thursday, April 11th. Sidoti Csr analyst S. Ferazani now anticipates that the company will earn $0.03 per share for the quarter, up from their previous estimate of $0.01. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.16 per share. Sidoti Csr also issued estimates for Amerigo Resources’ Q2 2024 earnings at $0.03 EPS and FY2024 earnings at $0.16 EPS.
Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last posted its quarterly earnings results on Wednesday, February 21st. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. Amerigo Resources had a return on equity of 2.88% and a net margin of 2.04%. The company had revenue of $42.45 million for the quarter, compared to the consensus estimate of $46.66 million.
Amerigo Resources Stock Performance
Amerigo Resources Increases Dividend
The business also recently announced a dividend, which was paid on Wednesday, March 20th. Investors of record on Wednesday, March 6th were issued a $0.0222 dividend. This is a boost from Amerigo Resources’s previous dividend of $0.02. This represents a yield of 9.17%. The ex-dividend date was Tuesday, March 5th. Amerigo Resources’s dividend payout ratio (DPR) is currently 800.00%.
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.
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