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Amerigo Resources (ARG-T)
TSE:ARG
1.77
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Buy, Sell or Hold?
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Most Anticipated Earnings: HRX-T, LIO-X and more Canadian Companies Reporting Earnings this Week (Feb 24-28)Most Anticipated Earnings: BLDP-T, BOS-T and more Canadian Companies Reporting Earnings this Week (May 06-10)This summary was created by AI, based on 2 opinions in the last 12 months.
Amerigo Resources (ARG-T) is positioned as a notable player in the copper extraction industry, particularly focusing on re-processing tailings. The company's operational performance is closely tied to fluctuations in both copper and energy prices, benefiting from low energy costs and high copper prices. Over the past year, the stock price has surged by approximately 53%, indicating strong market sentiment and company performance. With a dividend yield of 6.7%, investors are attracted to Amerigo’s ability to generate substantial free cash flow, although it has a history of volatility and a significant gap in dividend payments from 2013 to 2021. The company currently boasts a net cash-positive balance sheet, which analysts view positively amidst the inherent risks in the small-cap and copper sectors.
$1.600
Owned
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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(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.
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.
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.
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.
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
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 2025-02-24, Amerigo Resources (ARG-T) stock closed at a price of $1.77.
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.