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Bullboard - Stock Discussion Forum Amerigo Resources Ltd T.ARG

Alternate Symbol(s):  ARREF

Metals & Mining Industrial Metals & Minerals
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 > Amerigo Announces Q1-2023 Results & Quarterly Dividend
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Post by Betteryear2 on May 03, 2023 7:57am

Amerigo Announces Q1-2023 Results & Quarterly Dividend

Q1-2023 net income of $9.1 million as Amerigo beats production and cash cost guidance

 

EBITDA1 of $18.5 million, cash balance grows to $43.9 million

Quarterly dividend of Cdn$0.03 per share declared, representing a 7.36% yield2

VANCOUVER, British Columbia, May 03, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce financial results for the three months ended March 31, 2023 (“Q1-2023”).

Amerigo Announces Q1-2023 Results & Quarterly Dividend (globenewswire.com)

Comment by downwithdotcom1 on May 11, 2023 2:17pm
Commoditee pull back-total SCAM sell-off ......dwdc Current moly price...........$26.141 down almost 40% from 2 months ago... Current copper price        $3.6958 down almost 20% in the same period...    
Amerigo Resources Ltd