Atrium Research Forecasts TSE:ARG FY2026 Earnings

Amerigo Resources Ltd. (TSE:ARG) – Research analysts at Atrium Research increased their FY2026 EPS estimates for Amerigo Resources in a note issued to investors on Tuesday, October 13th. Atrium Research analyst B. Pirie now anticipates that the company will earn $0.61 per share for the year, up from their prior forecast of $0.57. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.29 per share. Atrium Research also issued estimates for Amerigo Resources’ FY2027 earnings at $0.36 EPS.

Amerigo Resources (TSE:ARG) last issued its quarterly earnings data on Wednesday, July 29th. The company reported C$0.16 EPS for the quarter. The business had revenue of C$109.93 million during the quarter. Amerigo Resources had a net margin of 18.55% and a return on equity of 50.54%.

Amerigo Resources Stock Performance

Shares of TSE:ARG opened at C$8.51 on Thursday. Amerigo Resources has a 52-week low of C$2.59 and a 52-week high of C$9.11. The firm has a market capitalization of C$1.37 billion, a P/E ratio of 25.03, a P/E/G ratio of 0.32 and a beta of 1.89. The stock has a 50 day moving average price of C$8.35 and a 200-day moving average price of C$7.13.

Insiders Place Their Bets

In other news, Director Robert Gayton acquired 69,717 shares of the stock in a transaction on Monday, August 10th. The stock was acquired at an average price of C$8.26 per share, with a total value of C$575,862.42. Following the completion of the transaction, the director owned 213,457 shares of the company’s stock, valued at C$1,763,154.82. This represents a 48.50% increase in their position. Also, Director Aurora Davidson sold 10,900 shares of the business’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of C$7.67, for a total transaction of C$83,603.00. Following the sale, the director owned 1,540,546 shares in the company, valued at approximately C$11,815,987.82. This trade represents a 0.70% decrease in their position. Over the last 90 days, insiders sold 452,000 shares of company stock worth $3,841,598. 12.95% of the stock is owned by corporate insiders.

Amerigo Resources Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, September 18th were paid a $0.04 dividend. The ex-dividend date of this dividend was Friday, August 28th. This is a negative change from Amerigo Resources’s previous quarterly dividend of $0.18. This represents a $0.16 annualized dividend and a yield of 1.9%. Amerigo Resources’s payout ratio is currently 77.12%.

About Amerigo Resources

Amerigo is an innovative copper producer with a long-term relationship, through its fully-owned subsidiary Minera Valle Central (‘MVC’), with Corporación Nacional del Cobre de Chile (‘Codelco’), the world’s largest copper producer. Amerigo produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation in Chile by processing fresh and historic tailings from Codelco’s El Teniente mine, the world’s largest underground copper mine.