Bullboard - Stock Discussion Forum Amerigo Resources Ltd T.ARG

Alternate Symbol(s): ARREF

Metals & Mining Copper

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

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Amerigo Resources Ltd > New Press Release - Amerigo Announces Q2-2024 Results & Quarterly Dividend

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Post by PressRelease on Jul 31, 2024 7:30am

New Press Release - Amerigo Announces Q2-2024 Results & Quarterly Dividend

Q2-2024 Net Income of $9.8 million Quarterly EBITDA1 of $22.3 million – Free Cash Flow to Equity1 of $6.7 million12th Quarterly Dividend of Cdn$0.03 per share declared, representing a 10.3% yield3Previously declared Cdn$0.04 Performance Dividend triggered by Q2-2024 financial strengthVANCOUVER...read article.

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Comment by francoisl13 on Jul 31, 2024 11:38am

Excellent! They are retunring $ to the shareholders at a high pace; They have more money than required in the bank (28.7MM vs 25MM goal/target); Expectations are that the Cu price will remain high in the mid-term and potentially long-term; All is good with ARG. GLTA!

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Amerigo Resources Ltd