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Bullboard - Stock Discussion Forum 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... see more

TSX:ARG - Post Discussion

Amerigo Resources Ltd > TD (Morning star rating)
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Post by Snakebite18 on Dec 28, 2021 10:06am

TD (Morning star rating)

TD rating, as of now, shows this undervalued by 29%, and at $2.04 going forward. IMO  very  encouraging to see when the company starts to buy back its own shares. Usually seen as a very positive step going forward, as long as the company continues to grow and strengthen its bottom line. Hopefully creating a better return on EPS (earnings per share). Also, if all is going well, creating fewer shares, usually drives prices up. Basically saying, if investors like what they see, it turns into a supply versus demand issue. Making "a run" for shares. IMO with greener future predicted, and supply/demand issue on the horizon, stocks like this won't let you down.
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