Separately, Zacks Investment Research lowered Amerigo Resources from a hold rating to a sell rating in a research note on Friday, July 19th.
Shares of OTCMKTS:ARREF opened at $0.58 on Thursday. The stock’s 50-day moving average price is $0.49 and its two-hundred day moving average price is $0.54. The company has a current ratio of 0.42, a quick ratio of 0.21 and a debt-to-equity ratio of 0.38. Amerigo Resources has a 12-month low of $0.39 and a 12-month high of $0.92. The firm has a market cap of $98.21 million, a price-to-earnings ratio of 7.25 and a beta of 1.70.
Amerigo Resources Company Profile
Amerigo Resources Ltd., through its subsidiary, Minera Valle Central SA, produces and sells copper and molybdenum concentrates from Codelco's El Teniente underground mine in Chile. The company was formerly known as Golden Temple Mining Corp. and changed its name to Amerigo Resources Ltd. in March 2002.
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