Amerigo Resources (NASDAQ:ARREF) announced its quarterly earnings data on Thursday. The company reported ($0.01) EPS for the quarter, missing the Zacks’ consensus estimate of $0.02 by $0.03, Morningstar.com reports. The business had revenue of $29.86 million during the quarter, compared to analysts’ expectations of $30.30 million.
Shares of Amerigo Resources (ARREF) opened at 0.55 on Friday. The firm’s market capitalization is $96.49 million. The firm’s 50-day moving average price is $0.47 and its 200-day moving average price is $0.44. Amerigo Resources has a 12 month low of $0.10 and a 12 month high of $0.63.
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Separately, Zacks Investment Research upgraded Amerigo Resources from a “hold” rating to a “buy” rating and set a $0.50 price objective for the company in a research report on Tuesday, July 18th.
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