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ARREF News and Press, Amerigo Resources Ltd From 06/30/23

Stock Information

Company Name: Amerigo Resources Ltd
Stock Symbol: ARREF
Market: OTC
Website: amerigoresources.com

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ARREF - Amerigo Announces MVC Repairs Underway

Repair work is underway to reconnect MVC to Chile’s central grid Full production is expected to resume around July 10, 2023, two weeks earlier than initially estimated Amerigo affirms Capital Return Strategy, quarterly dividend secure VANCOUVER, British Columbia, Ju...

ARREF - Amerigo Resources: Full Exposure To Copper But Through Cheaper Shares

2023-06-30 02:26:07 ET Summary The long-term outlook for copper is incredibly promising, as the base metal is an important element in the transition to renewable energy and the adoption of clean technologies. Given its high sensitivity to changes in the copper price, Amerigo stock...

ARREF - Amerigo Provides Update on MVC Operations

Operations at MVC temporarily suspended due to power line damage following heavy rains in Chile No injuries or accidents reported to MVC personnel Impact to production expected to be limited VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) -- Amerigo Resources...

ARREF - Amerigo Resources Ltd. (ARREF) Q1 2023 Earnings Call Transcript

2023-05-07 07:58:09 ET Amerigo Resources Ltd. (ARREF) Q1 2023 Earnings Conference Call May 4, 2023 2:00 PM ET Participants Graham Farrell - Investor Relations, Harbor Access Aurora Davidson - Chief Executive Officer Carmen Amezquita - Chief Financial Officer ...

ARREF - Amerigo Resources GAAP EPS of $0.05 beats by $0.01, revenue of $56.2M beats by $3.12M

2023-05-03 11:22:31 ET Amerigo Resources press release ( OTCQX:ARREF ): Q1 GAAP EPS of $0.05 beats by $0.01 . Revenue of $56.2M (+4.5% Y/Y) beats by $3.12M . EBITDA of $18.5 million, cash balance grows to $43.9 million Quarterly dividend of Cdn$0.03 per sh...

ARREF - Amerigo Announces Q1-2023 Results & Quarterly Dividend

Q1-2023 net income of $9.1 million as Amerigo beats production and cash cost guidance EBITDA 1 of $18.5 million, cash balance grows to $43.9 million Quarterly dividend of Cdn$0.03 per share declared, representing a 7.36% yield 2 VANCOUVER, British Colum...

ARREF - Amerigo Resources produces 16.5M lbs copper in Q1 from MVC mine

2023-04-11 10:52:27 ET Amerigo Resources ( OTCQX:ARREF ) said Tuesday its Minera Valle Central mine in Chile produced 16.5 million pounds of copper at a cash cost of $1.91 per pound during the first quarter of 2023. Copper production in the quarter was 4.5% over gu...

ARREF - Amerigo Reports Q1-2023 Production Results Above Guidance

Q1-2023 copper production of 16.5 million pounds, 4.5% over guidance Q1-2023 cash cost 1 of $1.91 per pound, 11% lower than guidance due to strong molybdenum credits $5.5 million returned to shareholders in Q1-2023 VANCOUVER, British Columbia, April 11, 202...

ARREF - Amerigo Resources: The Upside Seems Limited (Rating Downgrade)

2023-04-11 00:24:25 ET Summary The quarterly dividend of CAD$0.03/share seems sustainable in the current environment. Management expects cash cost inflation of 10.3% YoY to US$2.14/lbs. Despite the high-cost profile, Amerigo doesn’t offer much torque to rising copper pr...

ARREF - DRDGold: Strong Torque To Rising Gold Prices

2023-03-24 06:09:22 ET Summary The business model of DRDGOLD eliminates some of the risks faced by a typical miner. The relatively high AISC base of the company translates into higher torque in a rising gold price environment. The company is dealing with electricity supply pro...

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