ValuEngine downgraded shares of Amerigo Resources (OTCMKTS:ARREF) from a sell rating to a strong sell rating in a report released on Wednesday.
Separately, Zacks Investment Research raised shares of Amerigo Resources from a hold rating to a buy rating and set a $0.75 target price for the company in a research report on Tuesday, August 7th.
Amerigo Resources stock opened at $0.59 on Wednesday. The company has a market capitalization of $113.44 million, a PE ratio of 14.75 and a beta of 2.17. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.91 and a quick ratio of 0.76. Amerigo Resources has a 1 year low of $0.51 and a 1 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.
Recommended Story: Asset Allocation Models, Which is Right For You?
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Amerigo Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerigo Resources and related companies with MarketBeat.com's FREE daily email newsletter.