Amerigo Resources (OTCMKTS:ARREF) Trading 3.9% Higher

Amerigo Resources LTD (OTCMKTS:ARREF)’s share price traded up 3.9% during trading on Monday . The company traded as high as $0.38 and last traded at $0.38, 1,549 shares were traded during trading. A decline of 98% from the average session volume of 88,834 shares. The stock had previously closed at $0.37.

Separately, ValuEngine downgraded Amerigo Resources from a “hold” rating to a “sell” rating in a research report on Monday, November 11th.

The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.34 and a current ratio of 0.54. The firm has a market capitalization of $63.58 million, a price-to-earnings ratio of 4.47 and a beta of 1.64. The business has a fifty day moving average of $0.47 and a two-hundred day moving average of $0.49.

Amerigo Resources (OTCMKTS:ARREF) last announced its quarterly earnings results on Wednesday, November 6th. The company reported ($0.01) earnings per share (EPS) for the quarter. Amerigo Resources had a negative net margin of 4.04% and a negative return on equity of 4.66%. The business had revenue of $33.90 million for the quarter.

About Amerigo Resources (OTCMKTS:ARREF)

Amerigo Resources Ltd., through its subsidiary, Minera Valle Central SA, 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.

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