Amerigo Resources (ARREF) stock rises, outperforms S&P 500, projected to report strong EPS and revenue growth.

From Nasdaq: 2024-09-26 18:15:22

In the latest market close, Amerigo Resources (ARREF) reached $1.34, with a +1.91% movement while outperforming the S&P 500. The company’s stock had gained 8.26% over the past month, surpassing the Basic Materials sector and S&P 500 performance.

Amerigo Resources is projected to report an EPS of $0.02, a 150% increase from last year. Revenue is expected to be $44.47 million, a 46.62% rise from the year-ago quarter. For the fiscal year, estimated earnings are $0.13 per share and revenue of $187.9 million.

The Zacks Rank system indicates a Zacks Rank of #4 (Sell) for Amerigo Resources. Investors should consider the company’s valuation metrics, such as a Forward P/E ratio of 10.08 and a PEG ratio of 0.5. The Mining – Non Ferrous industry has an average PEG ratio of 0.83.

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Read more at Nasdaq: Amerigo Resources (ARREF) Rises Higher Than Market: Key Facts