Amerigo Resources (ARREF) Upgraded by Zacks Investment Research to Hold

Zacks Investment Research upgraded shares of Amerigo Resources (NASDAQ:ARREF) from a strong sell rating to a hold rating in a report issued on Tuesday morning.

According to Zacks, “Amerigo Resources Ltd., through its subsidiary, is engaged in producing and selling copper and molybdenum concentrates primarily in Chile. Amerigo Resources Ltd. is headquartered in Vancouver, Canada. “

Amerigo Resources (NASDAQ ARREF) opened at 0.3935 on Tuesday. Amerigo Resources has a 1-year low of $0.10 and a 1-year high of $0.63. The stock’s market capitalization is $69.03 million. The stock has a 50 day moving average price of $0.42 and a 200-day moving average price of $0.40.

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