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Amerigo Resources Ltd. (ARG.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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1.3800+0.0300 (+2.22%)
At close: 04:00PM EDT
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  • R
    Riley
    On a day with a mass amount of stocks down this currently in the green! Nice place to hide out amid the turmoil..
  • L
    Lewy
    Not sure if anyone knows, but does Amerigo have any other explorations or subsidiaries? or plans after this mine has been depleted?
  • S
    StewieStackins
    I added here. Looking for a swing back up to the 2$ mark
  • B
    Bob L.
    Very scary...all their eggs in Chile...I have the same problem with SCCO...love the company.....just wish the mine was some where else.
  • Y
    Yahoo Finance Insights
    ARG.TO is down 5.29% to 1.61
  • R
    Riley
    Well dividend info is out now. If you didn't find it in the quarter results here it is... "On November 1, 2021, the Board declared a quarterly dividend of Cdn$0.02 per share, payable on December 20, 2021 to shareholders of record as of November 30, 2021." So currently at 1.35 that's just shy of 6% yield.
  • M
    Mike
    This stock should reach $2 by the end of the month easily. Momentum is behind the sector and positive tailwinds. Inflation raises commodity prices and infrastructure spending should benefit the company
  • R
    Riley
    Just picked up some more shares today before earnings tomorrow. Feel good that div is in place. Yahoo Finance still wrong on what they show. That $.02 is per quarter. So yield is more like 5%. China is largest buyer of copper and I think trend is strong. GLA
  • R
    Riley
    Great results and if copper stays near these current levels they will be continue to have a very strong profit. Unless new growth/plant plans are made, perhaps a return of the dividend.
  • R
    Riley
    A massive 10x volume of shares traded at the open. Perhaps some new institutional/money manager taking a position?? Lets see if this massive gap up can hold for a few days during this market volatility.
  • R
    Riley
    Happy to hear they will payout a dividend again. Have owned this all the way back to when they used to pay a dividend.
  • R
    Riley
    Nice start to 2022! Increase in volume and seeing a new up trend and short term support at $1.41. Going to go higher and can't wait for the next earnings.
  • R
    Riley
    Looking like this baby is ready to make a breakout. Building a new base here and any pop in Copper is going to move this up a lot more. My guess is in 30 days from now $1.35 CDN is new base and we see this between $1.45-$1.50.
  • R
    Riley
    Great results announced, and if copper stays at the current levels or on the upward trend this should break out again once it gets over $1USD and gets more US investor attention.
  • R
    Riley
    ARG just got talk for a top pick on today's BNN Market Call from Bruce Campbell. More awareness to the stock may bring more buyers and another move upward.
  • R
    Riley
    FYI the $.02 div showing in Yahoo Finance is wrong. It's .02 per quarter. So $0.08 annual which means yield is over 6% now. Happy to add here at $1.29. Now let's hope they announce a DRIP option with discount.
  • M
    Michael
    Fantastic results and copper up significantly. It's only a matter of time before Amerigo heads much higher. Cheers, Mw.
  • J
    Jhay
    Been holding this since July and I am in the Red for months.
    I decided to HOLD since SP is just flat and not really diving downward.

    With the recent trading action, I do really believe it is on its upward trend and with any good to great announces will bring some good profits.
    I’m currently sitting @ 28% profits :)
    Sentiments: Buy
    Disclosure: Holder
  • M
    Mattie
    I’m not invested in this company, saw it on Reddit and I know this is a stock I’ll be buying on Monday. A simple reason, really. Pedro Castillo. Southern Copper and all other copper and metals production or lack there-of in Peru(world’s second largest copper producing country) will be drastically taxed/nationalized and with copper at all time highs is this will go above Mike’s estimates. Leading up to the June 6 second and final round of elections and after, in my opinion regardless of the victor, especially if Castillo wins is copper investors will be handsomely rewarded for their investments.

    I’m not pumping no stocks, but this one, even at this high stock price is one to watch(most of you already know because you are in this thread) and I am getting in on this and other decently-priced stocks in the copper field. Too many reasons not to invest and Peru is another reason to invest and currently the biggest reason out of the many at the current moment. Wish I knew about this company sooner.

    My opinion and I am not a financial advisor and do your due diligence.
  • n
    nhparks
    $23m EBITDA, $20m CF for Q1. Looks pretty good at this mkt cap. Not much volume however.