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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Experts generally have a positive outlook on Amerigo Resources (ARG-T) due to its strong performance driven by copper price strength and cost management. The company has shown impressive growth, with a significant increase in stock value and a high yield at 6.7%. While there are some concerns about volatility in earnings and a history of dividend suspension, the net cash positive balance sheet and potential for copper exposure make it an interesting small cap investment for those willing to take on some risk.

Consensus
Positive
Valuation
Fair Value
HOLD
Amerigo Resources

Copper extraction from re-processing tailings. A play on both copper and energy prices. Does well when energy prices are low and copper high. Margins get squeezed when energy prices rise or copper prices decline. Nice habit of paying out substantial amounts of free cashflow.

metal mines
PARTIAL BUY
Amerigo Resources
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

ARG is a small company with extreme leverage to copper. The stock is up big over the last year by nearly 53% and it pays a high yield at 6.7%. Recent quarterly results were very strong driven by copper price strength and cost management. The balance sheet is net cash positive which we like. There is some volatility around earnings and we will note that the dividend was stopped for eight years (2013 to 21). We consider it OK for copper exposure due to the sector and small cap risks. 
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metal mines
PAST TOP PICK
Amerigo Resources

(A Top Pick May 11/21, Up 10%) Believes copper demand will continue to rise (EV vehicles etc.) Opportunity to expand into other mine locations available. Will continue to hold stock and expects stock price to increase.

metal mines
TOP PICK
Amerigo Resources
No price target A copper producer that flies under the radar operating, operating in Chile. They get the tailings from the world's largest copper mine and then they produce copper from it. Thet spent $300 million to build this project. They're hugely leveraged to copper. They continue to process more. They guide 62 millions pounds for 2022. Anytime the copper price rises, their cash levels greatly rise. There's little research on this name, but he sees huge upside.
metal mines
DON'T BUY
Amerigo Resources
He wishes he had bought this a while ago at 25-cents, because the stock has flown. Now, it's done so well that he can't buy it now.
metal mines
COMMENT
Amerigo Resources

Great management team. One issue he has always had is that it is very low grade, at 0.3 grams per ton. Last year they had some issues with some transition ore they were going through. When they were mining this, their recoveries were not as high as they had hoped. He would really like to see them with some higher grade projects.

metal mines
DON'T BUY
Amerigo Resources

Great company, but doesn’t like gold right now. There are only 2 commodities that he is currently excited about right now, natural gas and uranium. Uranium has been plunging. The problem with gold is that it is trading sideways. When a commodity is trading sideways, it is not an easy place to make money.

metal mines
DON'T BUY
Amerigo Resources

Great management team and have done a super job of running the operations they have in Mexico. He is not a shareholder because of their low grade deposits. With a low grade, you have to be very conscious about costs and if there are any disruptions, these can be problematic.

metal mines
WEAK BUY
Amerigo Resources
Basically reprocesses tailing streams from the largest copper mine in Chile. Not his preferred choice as a copper play.
metal mines
BUY
Amerigo Resources
Molly price has been good and copper has been strong. Quite optimistic on the price of Molly. This stock had a few problems before the recession, which they have resolved. They are starting to benefit from the higher prices of the commodities. Chile is relatively safe.
metal mines
DON'T BUY
Amerigo Resources
Always seems to have things happening to it. In Chile, electricity shuts down and costs go through the roof. Doesn’t have the kind of leverage of other companies on molybdenum.
metal mines
BUY ON WEAKNESS
Amerigo Resources
Molybdenum and copper. When the market stops correcting in about 2 to 4 weeks you should be able to find a very attractive entry point. ($0.64)
metal mines
COMMENT
Amerigo Resources
(Market Call Minute.) Nervous about the price of copper but the company is priced at about 20% of replacement costs, which is a bargain so he can't bring himself to sell.
metal mines
BUY
Amerigo Resources
Reprocess tailings from a big copper producer in Chile. Likes of valuation. Pretty good growth profile. Wouldn't be surprised to see them reinstate the dividend they cut.
metal mines
DON'T BUY
Amerigo Resources
(Market Call Minute.) Copper play in Chile and costs in Chile are unknown and power is a nightmare. Too risky.
metal mines
Showing 1 to 15 of 41 entries

Amerigo Resources(ARG-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 1

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 2

Stockchase rating for Amerigo Resources is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Amerigo Resources(ARG-T) Frequently Asked Questions

What is Amerigo Resources stock symbol?

Amerigo Resources is a Canadian stock, trading under the symbol ARG-T on the Toronto Stock Exchange (ARG-CT). It is usually referred to as TSX:ARG or ARG-T

Is Amerigo Resources a buy or a sell?

In the last year, 2 stock analysts published opinions about ARG-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Amerigo Resources.

Is Amerigo Resources a good investment or a top pick?

Amerigo Resources was recommended as a Top Pick by on . Read the latest stock experts ratings for Amerigo Resources.

Why is Amerigo Resources stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Amerigo Resources worth watching?

2 stock analysts on Stockchase covered Amerigo Resources In the last year. It is a trending stock that is worth watching.

What is Amerigo Resources stock price?

On 2024-12-13, Amerigo Resources (ARG-T) stock closed at a price of $1.59.