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Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Amerigo Resources Ltd. is a Canada-based copper producer. The Company owns a 100% interest in Minera Valle Central S.A. (MVC), a producer of copper concentrates. MVC, located in Chile, has a long-term contract with the El Teniente Division (DET) of Corporacion Nacional del Cobre de Chile (Codelco) to process fresh and historic tailings from El Teniente. The Company operates in one segment, the production of copper concentrates under a tolling agreement with DET.


TSX:ARG - Post by User

Comment by Craniumon Feb 24, 2021 10:17am
140 Views
Post# 32646097

RE:Stock Price Guess Q1 Earnings

RE:Stock Price Guess Q1 EarningsIf copper can hold above $4 ARG will be debt free by the end of the yr.  If they renegotiate the debt they can start a div and buyback before then.  I agree that value fundamentals are out of favour, but at 2x EBITDA and with a strong multi yr outlook for copper it's only a matter of time before ARG has a strong move. 
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