Amerigo Resources (OTCMKTS:ARREF) Shares Gap Up – Still a Buy?

Posted by Alanna Baker on May 23rd, 2026

Amerigo Resources Ltd. (OTCMKTS:ARREF – Get Free Report)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $4.5589, but opened at $4.95. Amerigo Resources shares last traded at $4.64, with a volume of 3,152 shares changing hands.

Amerigo Resources Trading Up 2.1%

The business’s 50-day moving average is $4.24 and its two-hundred day moving average is $3.74. The firm has a market cap of $756.27 million, a P/E ratio of 16.69 and a beta of 1.54.

Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The firm had revenue of $66.17 million during the quarter, compared to analyst estimates of $56.80 million. Amerigo Resources had a net margin of 18.78% and a return on equity of 43.16%.

About Amerigo Resources

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Amerigo Resources Ltd. is a Canada-based mineral resource development company focused on copper deposits in Chile. Its primary asset, the Minera Valle Central (MVC) project, recovers copper from tailings produced by Codelco’s Salvador Division and processes the material into copper concentrate. By leveraging existing plant infrastructure and water rights, Amerigo’s MVC operation delivers a lower-impact, cost-effective source of high-grade copper for global markets.

Amerigo holds the operating licence for MVC under a joint-venture framework with Codelco, Chile’s state-owned mining company.