Amerigo Resources (ARREF) stock price rises by 1.94% and earnings are expected to increase

From Nasdaq, Inc.: 2024-10-04 18:15:21

In the latest market close, Amerigo Resources (ARREF) saw a 1.94% increase to $1.32, outpacing the S&P 500. The company’s stock has risen by 11.69% in the past month, surpassing sector and S&P 500 gains.

Analysts predict Amerigo Resources will report earnings of $0.02 per share, with a 150% increase year-over-year. The company is projected to achieve $44.47 million in quarterly revenue, up by 46.62%.

With a Zacks Rank of #3 (Hold), Amerigo Resources appears undervalued at a Forward P/E ratio of 9.92. The company’s PEG ratio of 0.5 reflects strong potential for growth. The Mining – Non Ferrous industry is in the top 36% of all sectors.



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