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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 3 opinions in the last 12 months.
Amerigo Resources (ARG-T) has garnered positive insights from analysts despite a history of financial challenges, including past dividend cuts. The company shows strong financial performance, being cash flow positive since 2015 and boasting a net cash positive balance sheet. Experts indicate that, with a low earnings multiple of 8X and expected EPS growth of over 10%, the stock appears attractive, especially given the recent 52% increase in value over the past year. However, concerns surrounding growth and the small-cap nature of the company present risks that prospective investors should weigh carefully. Analysts also point out that Amerigo's reliance on copper prices and energy costs could lead to volatility in margins, but the company has successfully managed costs and continues to reward shareholders with substantial cash flows.
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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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.
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
In the last year, 4 stock analysts published opinions about ARG-T. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Amerigo Resources.
Amerigo Resources was recommended as a Top Pick by on . Read the latest stock experts ratings for Amerigo Resources.
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.
4 stock analysts on Stockchase covered Amerigo Resources In the last year. It is a trending stock that is worth watching.
On 2025-04-01, Amerigo Resources (ARG-T) stock closed at a price of $1.915.
We think ARG is doing the right things. Debt was an issue in prior cycles, and it has cut/eliminated its dividend in the past. Now, it is in strong financial shape and very cheap at 8X earnings. It has been cash flow positive since 2015. It only has one (sponsored) analyst, but should grow EPS by 10%+ this year. Insiders own 13% and have been small buyers in the past six months. The stock is cheap, but so is the sector. New growth concerns have emerged. Still, the stock is up 15% YTD and 52% in a year. Its small size is still a risk, but for those looking beyond the current cycle it looks good, especially now that the balance sheet has been taken care of.
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