Amerigo Resources (OTCMKTS:ARREF) Shares Gap Up – Should You Buy?

Posted by Alanna Baker on Sep 9th, 2026

Shares of Amerigo Resources Ltd. (OTCMKTS:ARREF – Get Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $5.83, but opened at $6.28. Amerigo Resources shares last traded at $6.22, with a volume of 1,703 shares.

Amerigo Resources Stock Performance

The firm has a market cap of $999.56 million, a P/E ratio of 18.21 and a beta of 1.62. The company’s 50 day moving average is $5.36 and its 200 day moving average is $4.72.

Amerigo Resources (OTCMKTS:ARREF – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.04. Amerigo Resources had a net margin of 20.87% and a return on equity of 50.64%. The firm had revenue of $77.37 million for the quarter, compared to analyst estimates of $73.20 million.

Amerigo Resources Company Profile

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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.