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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

Post by ZeroPointGain45on Nov 27, 2024 2:47pm
39 Views
Post# 36334154

ARG’s Debt: A Non-Issue or Ticking Bomb?

ARG’s Debt: A Non-Issue or Ticking Bomb?$ARG's debt-to-equity at 14% looks comfy, but low leverage can also mean missed growth ops. With copper prices swinging wild, should they be ramping up borrowing to expand while the sun’s shining, or playing it safe? Curious what the smarter money thinks. By the way, $BOLT's on my watchlist; some chatter about it taking off soon.
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