Amerigo Resources (OTCMKTS:ARREF) Announces Quarterly Earnings Results, Misses Expectations By $0.02 EPS

Amerigo Resources (OTCMKTS:ARREF) released its earnings results on Wednesday. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.02), Zacks reports. Amerigo Resources had a net margin of 11.23% and a return on equity of 19.30%.

Amerigo Resources Price Performance

Shares of OTCMKTS ARREF traded down $0.01 during mid-day trading on Wednesday, reaching $1.23. 107,579 shares of the company traded hands, compared to its average volume of 52,577. Amerigo Resources has a fifty-two week low of $0.93 and a fifty-two week high of $1.52. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.91 and a quick ratio of 0.80. The firm has a market cap of $202.56 million, a PE ratio of 9.46, a price-to-earnings-growth ratio of 0.30 and a beta of 3.04. The stock has a fifty day simple moving average of $1.17 and a 200-day simple moving average of $1.21.

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.