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Amerigo Resources (ARG-T)
TSE:ARG
1.58
0.02
(1.28%) 1d
Financials
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Most Anticipated Earnings: BLDP-T, BOS-T and more Canadian Companies Reporting Earnings this Week (May 06-10)
$1.640
Owned
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 : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
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, there was no coverage of Amerigo Resources published on Stockchase.
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?
0 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 2024-09-05, Amerigo Resources (ARG-T) stock closed at a price of $1.58.
(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.