Amerigo Resources ( TSE:ARG ) First Quarter 2024 Results Key Financial Results Revenue: US$44.9m (down 15% from 1Q...
Amerigo Resources (ARREF) delivered earnings and revenue surprises of 0% and 5.85%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Q1-2024 net income of $4.3 million Quarterly EBITDA1 of $13.6 million – free cash flow to equity1 of $7.3 million Current copper prices substantially above Q1-2024 average Quarterly dividend of Cdn$0.03 per share declared, representing a 7.7% yield3 VANCOUVER, British Columbia, May 08, 2024 (GLOBE NEWSWIRE) -- Amerigo Resources Ltd. (TSX: ARG; OTCQX: ARREF) (“Amerigo” or the “Company”) is pleased to announce financial results for the three months ended March 31, 2024 (“Q1-2024”). Dollar amounts