Amerigo Resources (OTCMKTS:ARREF) was downgraded by equities researchers at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued on Wednesday.
Separately, Zacks Investment Research upgraded Amerigo Resources from a “hold” rating to a “buy” rating and set a $0.75 target price for the company in a research note on Tuesday, August 7th.
Shares of OTCMKTS ARREF opened at $0.61 on Wednesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.91 and a quick ratio of 0.76. The firm has a market capitalization of $113.44 million, a P/E ratio of 15.25 and a beta of 2.17. Amerigo Resources has a one year low of $0.51 and a one year high of $1.09.
Amerigo Resources Company Profile
Amerigo Resources Ltd., through its subsidiary, produces and sells copper and molybdenum concentrates from Codelco's El Teniente underground mine in Chile. The company was formerly known as Golden Temple Mining Corp. and changed its name to Amerigo Resources Ltd. in March 2002. Amerigo Resources Ltd.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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