Atrium Research Forecasts TSE:ARG FY2026 Earnings

Amerigo Resources Ltd. (TSE:ARG) – Research analysts at Atrium Research raised their FY2026 earnings per share (EPS) estimates for shares of Amerigo Resources in a report released on Wednesday, October 28th. Atrium Research analyst B. Pirie now forecasts that the company will post earnings per share of $0.64 for the year, up from their prior estimate of $0.61. The consensus estimate for Amerigo Resources’ current full-year earnings is $0.29 per share.

Amerigo Resources Price Performance

ARG opened at C$7.76 on Monday. The business’s 50-day moving average is C$8.30 and its two-hundred day moving average is C$6.80. Amerigo Resources has a 1 year low of C$2.97 and a 1 year high of C$9.11. The firm has a market capitalization of C$1.25 billion, a PE ratio of 17.64, a price-to-earnings-growth ratio of 0.32 and a beta of 1.89.

Amerigo Resources (TSE:ARG) last released its quarterly earnings results on Wednesday, October 28th. The company reported C$0.20 EPS for the quarter. The firm had revenue of C$120.47 million during the quarter. Amerigo Resources had a return on equity of 68.47% and a net margin of 21.50%.

Amerigo Resources Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 18th. Shareholders of record on Friday, September 18th were given a dividend of $0.04 per share. 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 dividend yield of 2.1%. Amerigo Resources’s payout ratio is currently 90.37%.

Insider Buying and Selling at Amerigo Resources

In other news, Director Aurora Davidson sold 4,200 shares of the firm’s stock in a transaction dated Monday, October 19th. The shares were sold at an average price of C$8.03, for a total value of C$33,726.00. Following the sale, the director directly owned 1,468,554 shares in the company, valued at approximately C$11,792,488.62. This trade represents a 0.29% decrease in their position. In the last quarter, insiders have sold 472,000 shares of company stock valued at $4,002,034. 12.95% of the stock is currently owned by company insiders.

Amerigo Resources Company Profile

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.