Amerigo Resources (OTCMKTS:ARREF) Shares Gap Down – Here’s What Happened

Posted by Amy Steele on Nov 2nd, 2026

Shares of Amerigo Resources Ltd. (OTCMKTS:ARREF – Get Free Report) gapped down before the market opened on Monday. The stock had previously closed at $5.53, but opened at $5.20. Amerigo Resources shares last traded at $5.49, with a volume of 3,419 shares traded.

Amerigo Resources Stock Up 2.2%

The firm has a market capitalization of $892.74 million, a P/E ratio of 12.56 and a beta of 1.62. The stock has a fifty day moving average of $5.92 and a 200-day moving average of $4.88.

Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last announced its earnings results on Wednesday, October 28th. The company reported $0.14 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.08. The business had revenue of $84.62 million for the quarter, compared to analyst estimates of $74.50 million. Amerigo Resources had a return on equity of 63.48% and a net margin of 23.89%.

About Amerigo Resources

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Amerigo Resources Ltd. is a Canadian mining company focused on the production of copper and molybdenum. Through its Chilean subsidiary, Minera Valle Central (MVC), the company recovers these metals from fresh and historical tailings generated by Codelco’s El Teniente underground copper mine.

MVC operates near Rancagua, in Chile’s O’Higgins Region, and uses mineral-processing facilities to reprocess tailings and extract additional copper and molybdenum. This approach allows Amerigo to produce metals from previously mined material rather than operating a conventional greenfield mine.

Amerigo acquired its interest in MVC in 2003 and has expanded and improved the operation over time.