Amerigo Resources (TSE:ARG) will be announcing its earnings results before the market opens on Wednesday, May 9th. Analysts expect the company to announce earnings of C$0.01 per share for the quarter.
Amerigo Resources (TSE:ARG) last posted its quarterly earnings data on Wednesday, February 21st. The company reported C$0.03 earnings per share for the quarter, missing analysts’ consensus estimates of C$0.04 by C($0.01). The firm had revenue of C$46.99 million during the quarter, compared to analysts’ expectations of C$45.57 million. Amerigo Resources had a net margin of 8.37% and a return on equity of 12.87%.
TSE:ARG opened at C$1.05 on Tuesday. Amerigo Resources has a 1-year low of C$0.49 and a 1-year high of C$1.35.
In other news, insider Ross J. Beaty sold 703,600 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of C$1.16, for a total value of C$816,176.00. Also, insider Nauman (Nick) Toor bought 53,500 shares of the business’s stock in a transaction dated Friday, March 16th. The stock was bought at an average price of C$1.05 per share, for a total transaction of C$56,175.00. Over the last three months, insiders acquired 520,100 shares of company stock valued at $540,174 and sold 789,700 shares valued at $901,803.
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.
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