Reported Earnings • 7h
Second quarter 2026 earnings released: EPS: US$0.11 (vs US$0.046 in 2Q 2025) Second quarter 2026 results: EPS: US$0.11 (up from US$0.046 in 2Q 2025). Revenue: US$77.4m (up 52% from 2Q 2025). Net income: US$18.3m (up 142% from 2Q 2025). Profit margin: 24% (up from 15% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is expected to decline by 16% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to grow by 4.2%. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 58% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €4.67, the stock trades at a trailing P/E ratio of 18.5x. Average forward P/E is 10x in the Metals and Mining industry in Europe. Total returns to shareholders of 505% over the past three years. Announcement • Jul 06
Amerigo Resources Ltd. Declares Performance Dividend, Payable on August 6, 2026 On July 6, 2026, Amerigo Resources Ltd. Board of Directors declared a performance dividend in the amount of CAD 0.18 per share, payable on August 6, 2026, to shareholders of record as of July 13, 2026. Under the T+1 settlement cycle, the Company's shares will commence trading ex-dividend at the opening of trading on July 13, 2026. Valuation Update With 7 Day Price Move • Jun 10
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €3.63, the stock trades at a trailing P/E ratio of 14.4x. Average forward P/E is 12x in the Metals and Mining industry in Europe. Total returns to shareholders of 353% over the past three years. Buy Or Sell Opportunity • Jun 09
Now 29% undervalued Over the last 90 days, the stock has risen 12% to €3.71. The fair value is estimated to be €5.25, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Meanwhile, the company has become profitable. Recent Insider Transactions • Jun 04
Lead Independent Director recently sold €226k worth of stock On the 2nd of June, Robert Gayton sold around 50k shares on-market at roughly €4.53 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €370k. Insiders have been net sellers, collectively disposing of €3.9m more than they bought in the last 12 months. Recent Insider Transactions • May 26
Chief Financial Officer recently sold €100k worth of stock On the 22nd of May, Carmen Amezquita Hernandez sold around 25k shares on-market at roughly €3.99 per share. This transaction amounted to 14% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €370k. Carmen has been a net seller over the last 12 months, reducing personal holdings by €369k. Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Ignacio Cruz was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • May 01
Amerigo Resources Ltd. announces Quarterly dividend, payable on June 18, 2026 Amerigo Resources Ltd. announced Quarterly dividend of CAD 0.0400 per share payable on June 18, 2026, ex-date on May 29, 2026 and record date on May 29, 2026. Announcement • Apr 29
Amerigo Resources Ltd. Announces Resignation of Margot Naudie as Director Amerigo Resources Ltd. announces the results of voting at its 2026 Annual General Meeting of Shareholders (the "AGM") held on April 27, 2026. In accordance with the Company's Majority Voting Policy, Ms. Margot Naudie immediately tendered an offer to resign as a Company director (a "Resignation Offer"). Ms. Naudie will continue to serve as a director until such Resignation Offer is accepted and becomes effective. The members of the Board of Directors of the Company, excluding Ms. Naudie, will evaluate the Resignation Offer in accordance with their fiduciary duties to, and in furtherance of the best interests of, the Company and its shareholders, and will make a determination of the action to take with respect to the Resignation Offer not later than the 90th day following this news release. Announcement • Feb 25
Amerigo Resources Ltd. Declares Quarterly Dividend, Payable on March 20, 2026 Amerigo Resources Ltd. announced on February 23, 2026, its Board of Directors declared its eighteenth consecutive quarterly dividend. The dividend will be in the amount of CAD 0.04 per share, payable on March 20, 2026, to shareholders of record as of March 6, 2026. Amerigo designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of the Income Tax Act (Canada), as amended from time to time. Under the T+1 settlement cycle, the Company’s shares will commence trading ex-dividend at the opening of trading on March 6, 2026. Shareholders purchasing Amerigo shares on or after the ex-dividend date will not receive this dividend, as it will be paid to the selling shareholders. Shareholders purchasing Amerigo shares before the ex-dividend date will receive the dividend. Announcement • Feb 17
Amerigo Resources Ltd., Annual General Meeting, Apr 27, 2026 Amerigo Resources Ltd., Annual General Meeting, Apr 27, 2026. Announcement • Dec 12
Amerigo Resources Ltd. announces special dividend, payable on January 15, 2026 Amerigo Resources Ltd. announced special dividend of CAD 0.0500 per share payable on January 15, 2026, ex-date on December 17, 2025 and record date on December 17, 2025. Announcement • Oct 29
Amerigo Resources Ltd. Declares Quarterly Dividend, Payable on December 19, 2025 On October 27, 2025, Amerigo Resources Ltd’s Board of Directors declared its seventeenth consecutive quarterly dividend. The dividend will be in the amount of CAD 0.04 per share, payable on December 19, 2025, to shareholders of record as of November 28, 20253. Amerigo designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of the Income Tax Act (Canada), as amended from time to time. Announcement • Oct 08
Amerigo Resources Ltd. to Report Q3, 2025 Results on Oct 29, 2025 Amerigo Resources Ltd. announced that they will report Q3, 2025 results at 9:30 AM, US Eastern Standard Time on Oct 29, 2025 Announcement • Aug 14
Amerigo Resources Ltd. Provides an Operational Update on Minera Valle Central, Its 100% Owned Operation Located Near Rancagua, Chile Amerigo Resources Ltd. provided an operational update on Minera Valle Central, its 100% owned operation located near Rancagua, Chile. As reported in the Company’s news release of August 6, 2025, operations at the El Teniente underground copper mine, owned by Corporación Nacional del Cobre de Chile (“Codelco”), were suspended on the evening of July 31, 2025. This followed a seismic event that, unfortunately, resulted in the death of six workers. While operations at the mine and the supply of fresh tailings to MVC were suspended, Amerigo continued to process historic tailings. MVC is now processing fresh tailings from El Teniente and also handling historic tailings. Until operations at El Teniente are normalized, Amerigo expects daily throughput from the fresh tailings to be lower than initially forecast in MVC’s 2025 production schedule. Announcement • Jul 30
Amerigo Resources Ltd. Declares Quarterly Dividend, Payable on September 19, 2025 On July 28, 2025, Amerigo’s Board of Directors declared its sixteenth consecutive quarterly dividend. The dividend will be in the amount of CAD 0.03 per share, payable on September 19, 2025, to shareholders of record as of August 29, 2025. Announcement • Jul 09
Amerigo Resources Ltd. to Report Q2, 2025 Results on Jul 30, 2025 Amerigo Resources Ltd. announced that they will report Q2, 2025 results Pre-Market on Jul 30, 2025 Announcement • Jun 04
Amerigo Resources Ltd. Announces Appointment of Ignacio Cruz to Board of Directors Amerigo Resources Ltd. announced the appointment of Ignacio Cruz to the Company’s board of directors. Ignacio Cruz is a Civil Engineer with over forty years of experience in leading positions in the Chilean mining, energy, and civil society sectors. Most recently, Mr. Cruz was Executive Chair of TECHO International, Latin America’s largest NGO with operations in 19 countries. Before that, he was CEO of Colbún S.A., Chile’s second-largest power generation company. His mining sector experience includes fourteen years with Antofagasta Minerals, including as General Manager of Los Pelambres and El Tesoro. His career has been distinguished by his ability to lead organizations and large infrastructure projects, manage complex financial structures, and develop sustainable strategies that create value for all stakeholders. Mr. Cruz has been a board member of numerous business and philanthropic organizations in Chile. He is an international speaker on strategic management, team leadership, sustainability in mining, people management, and shared value in the extractive industry. He founded Emerge Chile and EverXin, a consultancy firm that utilizes Artificial Intelligence to drive process optimization. Announcement • May 07
Amerigo Resources Ltd. Declares Fifteenth Quarterly Dividend, Payable on June 20, 2025 On May 5, 2025, Amerigo Resources Ltd.’s Board of Directors declared its fifteenth consecutive quarterly dividend. The dividend will be in the amount of CAD 0.03 per share, payable on June 20, 2025, to shareholders of record as of May 30, 20253. Announcement • Apr 09
Amerigo Resources Ltd. to Report Q1, 2025 Results on May 05, 2025 Amerigo Resources Ltd. announced that they will report Q1, 2025 results Pre-Market on May 05, 2025 Announcement • Mar 10
Amerigo Resources Ltd., Annual General Meeting, May 05, 2025 Amerigo Resources Ltd., Annual General Meeting, May 05, 2025. Announcement • Feb 26
Amerigo Resources Ltd. Declares Fourteenth Quarterly Dividend, Payable on March 20, 2025 Amerigo Resources Ltd. declared its fourteenth quarterly dividend. The dividend will be CAD 0.03 per share, payable on March 20, 2025, to shareholders of record as of March 6, 2025. Announcement • Jan 15
Amerigo Resources Ltd. Provides Earnings Guidance for the Full Year 2025 Amerigo Resources Ltd. provided earnings guidance for the full year 2025. For the year, the company expects to produce 62.9 M lbs of copper and 1.3 M lbs of molybdenum, marking the fifth year of increased production guidance. Announcement • Jan 14
Amerigo Resources Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025 Amerigo Resources Ltd. announced that they will report fiscal year 2024 results During-Market on Feb 26, 2025 Declared Dividend • Nov 03
Dividend of CA$0.03 announced Shareholders will receive a dividend of CA$0.03. Ex-date: 29th November 2024 Payment date: 20th December 2024 Dividend yield will be 11%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by both earnings (19% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 12% per year over the past 3 years. However, payments have been volatile during that time. EPS is expected to grow by 72% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: US$0.017 (vs US$0.035 loss in 3Q 2023) Third quarter 2024 results: EPS: US$0.017 (up from US$0.035 loss in 3Q 2023). Revenue: US$45.4m (up 50% from 3Q 2023). Net income: US$2.78m (up US$8.58m from 3Q 2023). Profit margin: 6.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.7% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Announcement • Oct 30
Amerigo Resources Ltd. Announces Quarterly Dividend, Payable on December 20, 2024 Amerigo Resources Ltd. declared its thirteenth quarterly dividend. The dividend will be in the amount of CAD 0.03 per share, payable on December 20, 2024, to shareholders of record as of November 29, 2024. Announcement • Oct 08
Amerigo Resources Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Amerigo Resources Ltd. announced that they will report Q3, 2024 results Pre-Market on Oct 30, 2024 Board Change • Sep 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 4 highly experienced directors. Independent Director Margot Naudie was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Aug 01
Amerigo Resources Ltd. Declares Quarterly Dividend, Payable on September 20, 2024 On July 29, 2024, Amerigo’s Board of Directors declared its twelfth quarterly dividend. The dividend will be in the amount of CAD 0.03 per share, payable on September 20, 2024, to shareholders of record as of August 30, 2024. Announcement • Jul 11
Amerigo Resources Ltd. to Report Q2, 2024 Results on Jul 31, 2024 Amerigo Resources Ltd. announced that they will report Q2, 2024 results During-Market on Jul 31, 2024 Announcement • Jul 09
Amerigo Resources Ltd. Declares First Performance Dividend, Payable on August 6, 2024 Amerigo Resources Ltd. declared first Performance Dividend of CAD 0.04 per share, payable on August 6, 2024, to shareholders of record as of July 16, 2024. Amerigo designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of the Income Tax Act (Canada), as amended from time to time. Based on Amerigo’s June 30, 2024, share closing price of CAD 1.55, this Performance Dividend, along with the Company’s quarterly dividends of CAD 0.03 per share, represents an annual dividend yield of 10.3%. Buy Or Sell Opportunity • Jul 08
Now 21% undervalued The stock has been flat over the last 90 days, currently trading at €1.06. The fair value is estimated to be €1.34, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jul 02
Amerigo Announces Retirement of Michael Luzich from Its Board of Directors Amerigo Resources Ltd. announced that Michael Luzich has retired from Amerigo’s board of directors effective June 30, 2024. Mr. Luzich joined the Amerigo board on May 12, 2020. Mr. Luzich is the founder of Luzich Partners LLC, a multi-strategy investment firm formed in 2013 and a significant shareholder of the Company. Mr. Luzich is stepping down from the Amerigo board of directors to devote more time to his other business endeavours. Recent Insider Transactions • Jun 17
Independent Director recently sold €180k worth of stock On the 14th of June, Michael Luzich sold around 159k shares on-market at roughly €1.13 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €340k. Insiders have been net sellers, collectively disposing of €955k more than they bought in the last 12 months. Buy Or Sell Opportunity • Jun 13
Now 21% undervalued Over the last 90 days, the stock has risen 22% to €1.08. The fair value is estimated to be €1.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Meanwhile, the company became loss making. Recent Insider Transactions • Jun 10
Independent Director recently sold €340k worth of stock On the 6th of June, Michael Luzich sold around 291k shares on-market at roughly €1.17 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €775k more than they bought in the last 12 months. New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Significant insider selling over the past 3 months (€407k sold). Upcoming Dividend • May 26
Upcoming dividend of CA$0.03 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 20 June 2024. The company is not currently making a profit and is not cash flow positive. Trailing yield: 8.6%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.7%). Recent Insider Transactions • May 24
Lead Independent Director recently sold €136k worth of stock On the 21st of May, Robert Gayton sold around 100k shares on-market at roughly €1.36 per share. This transaction amounted to 39% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €176k more than they bought in the last 12 months. Declared Dividend • May 12
First quarter dividend of CA$0.03 announced Shareholders will receive a dividend of CA$0.03. Ex-date: 30th May 2024 Payment date: 20th June 2024 Dividend yield will be 7.8%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months and having no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 12% per year over the past 3 years. However, payments have been volatile during that time. Announcement • May 09
Amerigo Resources Ltd. Declares Quarterly Dividend, Payable on June 20, 2024 On May 6, 2024, Amerigo Resources Ltd.’s Board of Directors declared its eleventh consecutive quarterly dividend. The dividend will be in the amount of CAD 0.03 per share, payable on June 20, 2024, to shareholders of record as of May 30, 2024. Amerigo designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of the Income Tax Act (Canada), as amended from time to time. Based on Amerigo’s March 31, 2024, share closing price of CAD 1.55, this represents an annual dividend yield of 7.7%. Announcement • Apr 11
Amerigo Resources Ltd. to Report Q1, 2024 Results on May 08, 2024 Amerigo Resources Ltd. announced that they will report Q1, 2024 results Pre-Market on May 08, 2024 Announcement • Apr 10
Amerigo Resources Ltd. Provides Production Guidance for the Year 2024 Amerigo Resources Ltd. provided production guidance for the year 2024. The company’s 2024 copper production guidance is 62.4 M lbs. Announcement • Mar 30
Amerigo Resources Ltd., Annual General Meeting, Apr 30, 2024 Amerigo Resources Ltd., Annual General Meeting, Apr 30, 2024, at 13:00 Pacific Standard Time. Agenda: To receive the audited consolidated financial statements of the Company for the fiscal year ended December 31, 2023, together with the report of the auditors thereon; to appoint PricewaterhouseCoopers LLP as auditors of the Company for the upcoming year and to authorize the directors to fix their remuneration; to determine the number of directors at 7 and to elect the directors of the Company; to consider and, if thought fit, to approve an ordinary resolution approving all unallocated options under the Company's stock option plan; to approve an ordinary resolution approving an amendment to the Company's stock option plan; and to consider and, if thought fit, approve an ordinary resolution reconfirming the continuation of the Company's shareholder rights plan. Upcoming Dividend • Feb 27
Upcoming dividend of CA$0.03 per share Eligible shareholders must have bought the stock before 05 March 2024. Payment date: 20 March 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 12%. Within top quartile of German dividend payers (5.2%). Higher than average of industry peers (5.9%). Declared Dividend • Feb 26
Fourth quarter dividend of CA$0.03 announced Shareholders will receive a dividend of CA$0.03. Ex-date: 5th March 2024 Payment date: 20th March 2024 Dividend yield will be 11%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. The dividend is also not covered by cash flows (dividend approximately 5x free cash flows). The dividend has increased by an average of 39% per year over the past 2 years and payments have been stable during that time. Reported Earnings • Feb 22
Full year 2023 earnings released: EPS: US$0.02 (vs US$0.026 in FY 2022) Full year 2023 results: EPS: US$0.02 (down from US$0.026 in FY 2022). Revenue: US$157.5m (down 6.3% from FY 2022). Net income: US$3.38m (down 23% from FY 2022). Profit margin: 2.1% (down from 2.6% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 12% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Feb 21
Amerigo Resources Ltd. Declares Tenth Consecutive Quarterly Dividend, Payable on March 20, 2024 On February 20, 2024, Amerigo Resources Ltd. Board of Directors declared its tenth consecutive quarterly dividend. The dividend will be in the amount of CAD 0.03 per share, payable on March 20, 2024, to shareholders of record as of March 6, 2024. Buying Opportunity • Jan 09
Now 21% undervalued Over the last 90 days, the stock is up 7.8%. The fair value is estimated to be €1.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Meanwhile, the company became loss making. Board Change • Dec 21
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Margot Naudie was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • Nov 02
Amerigo Resources Ltd. Declares Ninth Consecutive Quarterly Dividend, Payable on December 20, 2023 Amerigo Resources Ltd. declared its ninth consecutive quarterly dividend. The dividend will be in the amount of CAD 0.03 per share, payable on December 20, 2023, to shareholders of record as of November 30, 20233. Announcement • Oct 11
Amerigo Resources Ltd. to Report Q3, 2023 Results on Nov 01, 2023 Amerigo Resources Ltd. announced that they will report Q3, 2023 results During-Market on Nov 01, 2023 Announcement • Sep 22
Amerigo Resources Ltd Announces Minera Valle Central Resumes Normal Production Amerigo Resources Ltd. announced that Minera Valle Central (‘MVC’), the Company’s 100% owned operation located near Rancagua, Chile, has resumed normal production after completing the removal of more than 2.2 million cubic meters of water from the Cauquenes historical tailings deposit. The excess water at Cauquenes accumulated following heavy and sustained rainfall in the region from August 19 to September 10. To expedite the resumption of normal operations at Cauquenes, pumping equipment was diverted to remove water from Cauquenes rather than provide historic tailings to the concentrator. However, during this time, MVC continued to process fresh tailings from El Teniente. The annual rainfall in 2023 at MVC is estimated to be more than 695 mm. This figure is approximately 160% more than the yearly precipitation totals of 287 mm in 2022 and 247 mm in 2021. The last day of heavy rain was September 10, 2023; as of the date of this news release, there is no heavy rainfall in the forecast. The rain season at MVC is typically over by this time of the year. As previously stated in its news release of September 11, 2023, Amerigo now estimates that MVC’s copper production for the quarter to end September 30, 2023 will be approximately 11.1 million pounds (‘M lbs’). This is 2.7 million pounds lower than the Company’s revised copper production guidance of 13.8 M lbs issued after MVC was impacted by flooding in the region in June 2023. Announcement • Jul 26
Amerigo Resources Ltd. Resumes Full Production at MVC Amerigo Resources Ltd. announced that Minera Valle Central (“MVC”) has resumed normal operations. The MVC plant was reconnected to Chile’s central power grid on July 21, 2023, enabling MVC to resume normal operations processing fresh and historic Cauquenes tailings on July 22, 2023. Full production operations resumed on July 22, 2023. As reported in the Company’s news release of July 12, 2023, Amerigo reduced its annual production guidance by 3% to 60.5 million pounds of copper due to the lost production from the flooding. This revised copper production guidance remains in place, and Amerigo’s original guidance of 1.0 M lbs of molybdenum remains unchanged. MVC lost its connection to the central power grid on June 23, 2023, when three high-voltage power towers owned by MVC collapsed following severe flooding from heavy rains in central Chile. This situation caused a total power outage at MVC. Emergency power supplies took immediate effect to prevent any negative environmental impact from occurring. MVC quickly secured a secondary power supply, which allowed the plant to process fresh tailings from El Teniente while repairs were completed. While the extensive repairs required to reconnect to the power grid properly were underway, including installing seven new high-voltage towers, MVC successfully produced 90,000 lbs of copper per day from July 6 to July 21, substantially offsetting the negative production impact from the flooding. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Independent Director Margot Naudie was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • May 22
Upcoming dividend of CA$0.03 per share at 7.9% yield Eligible shareholders must have bought the stock before 29 May 2023. Payment date: 20 June 2023. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 7.9%. Within top quartile of German dividend payers (4.7%). Lower than average of industry peers (8.9%). Reported Earnings • May 05
First quarter 2023 earnings released: EPS: US$0.055 (vs US$0.089 in 1Q 2022) First quarter 2023 results: EPS: US$0.055 (down from US$0.089 in 1Q 2022). Revenue: US$52.6m (down 2.1% from 1Q 2022). Net income: US$9.09m (down 41% from 1Q 2022). Profit margin: 17% (down from 29% in 1Q 2022). Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 1.0% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 99% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 04
Amerigo Resources Ltd. Announces Quarterly Dividend, Payable on June 20, 2023 Amerigo Resources Ltd. announced dividend of $0.03 per share will be paid on June 20, 2023, to shareholders of record as of May 30, 2023. Accordingly, the ex-dividend date will be May 29, 2023. Recent Insider Transactions • Mar 13
Lead Independent Director recently sold €54k worth of stock On the 8th of March, Robert Gayton sold around 50k shares on-market at roughly €1.09 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth €55k. Insiders have been net sellers, collectively disposing of €358k more than they bought in the last 12 months. Reported Earnings • Feb 23
Full year 2022 earnings released: EPS: US$0.026 (vs US$0.22 in FY 2021) Full year 2022 results: EPS: US$0.026 (down from US$0.22 in FY 2021). Revenue: US$168.1m (down 16% from FY 2021). Net income: US$4.37m (down 89% from FY 2021). Profit margin: 2.6% (down from 20% in FY 2021). Revenue is forecast to grow 8.4% p.a. on average during the next 2 years, compared to a 1.4% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has increased by 70% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Jan 26
Lead Independent Director recently sold €55k worth of stock On the 19th of January, Robert Gayton sold around 50k shares on-market at roughly €1.09 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €339k more than they bought in the last 12 months. Announcement • Jan 18
Amerigo Resources Ltd. to Report Fiscal Year 2022 Results on Feb 22, 2023 Amerigo Resources Ltd. announced that they will report fiscal year 2022 results Pre-Market on Feb 22, 2023 Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improved over the past week After last week's 15% share price gain to €1.01, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 7x in the Metals and Mining industry in Europe. Total returns to shareholders of 212% over the past three years. Upcoming Dividend • Nov 22
Upcoming dividend of CA$0.03 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 20 December 2022. The company is paying out more than 100% of its profits but is generating plenty of cash to support the dividend. Trailing yield: 9.4%. Within top quartile of German dividend payers (4.9%). In line with average of industry peers (9.2%). Reported Earnings • Nov 03
Third quarter 2022 earnings released: US$0.027 loss per share (vs US$0.046 profit in 3Q 2021) Third quarter 2022 results: US$0.027 loss per share (down from US$0.046 profit in 3Q 2021). Revenue: US$30.9m (down 36% from 3Q 2021). Net loss: US$4.44m (down 153% from profit in 3Q 2021). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 3.3% decline forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Aug 23
Upcoming dividend of CA$0.03 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 20 September 2022. Payout ratio is a comfortable 61% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (9.6%). Reported Earnings • Aug 04
Second quarter 2022 earnings released: US$0.03 loss per share (vs US$0.064 profit in 2Q 2021) Second quarter 2022 results: US$0.03 loss per share (down from US$0.064 profit in 2Q 2021). Revenue: US$33.6m (down 34% from 2Q 2021). Net loss: US$5.07m (down 144% from profit in 2Q 2021). Over the next year, revenue is expected to shrink by 8.0% compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • May 20
Upcoming dividend of CA$0.03 per share Eligible shareholders must have bought the stock before 27 May 2022. Payment date: 20 June 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 6.9%. Within top quartile of German dividend payers (4.4%). Lower than average of industry peers (7.8%). Reported Earnings • May 05
First quarter 2022 earnings released: EPS: US$0.09 (vs US$0.06 in 1Q 2021) First quarter 2022 results: EPS: US$0.09 (up from US$0.06 in 1Q 2021). Revenue: US$53.8m (up 9.9% from 1Q 2021). Net income: US$15.5m (up 42% from 1Q 2021). Profit margin: 29% (up from 22% in 1Q 2021). Over the next year, revenue is expected to shrink by 10% compared to a 33% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Apr 08
Insider recently sold €64k worth of stock On the 5th of April, Christian Cáceres sold around 48k shares on-market at roughly €1.32 per share. In the last 3 months, there was an even bigger sale from another insider worth €231k. Insiders have been net sellers, collectively disposing of €3.0m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improved over the past week After last week's 15% share price gain to €1.28, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 6x in the Metals and Mining industry in Europe. Total returns to shareholders of 85% over the past three years. Reported Earnings • Feb 26
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.22 (up from US$0.034 in FY 2020). Revenue: US$199.6m (up 58% from FY 2020). Net income: US$39.8m (up US$33.8m from FY 2020). Profit margin: 20% (up from 4.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is expected to shrink by 11% compared to a 12% growth forecast for the mining industry in Germany. Over the last 3 years on average, earnings per share has increased by 86% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jan 19
Independent Director recently sold €231k worth of stock On the 14th of January, Robert Gayton sold around 206k shares on-market at roughly €1.12 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.7m more than they bought in the last 12 months. Announcement • Jan 14
Amerigo Resources Ltd. Provides Production Guidance for the Year of 2022 Amerigo Resources Ltd. Provides Production Guidance for the Year of 2022. For the year company expected 61.9 million of pounds of copper and 1.2 million of pounds of molybdenum. Upcoming Dividend • Nov 22
Upcoming dividend of CA$0.02 per share Eligible shareholders must have bought the stock before 29 November 2021. Payment date: 20 December 2021. Trailing yield: 6.0%. Within top quartile of German dividend payers (3.2%). Lower than average of industry peers (7.3%). Reported Earnings • Nov 04
Third quarter 2021 earnings released: EPS US$0.046 (vs US$0.03 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$48.1m (up 28% from 3Q 2020). Net income: US$8.42m (up 56% from 3Q 2020). Profit margin: 18% (up from 14% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Oct 15
Investor sentiment improved over the past week After last week's 17% share price gain to €1.01, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 16x in the Metals and Mining industry in Germany. Total returns to shareholders of 62% over the past three years. Announcement • Oct 01
Amerigo Resources Ltd. (TSX:ARG) announces an Equity Buyback for CAD 25 million worth of its shares. Amerigo Resources Ltd. (TSX:ARG) announces a share repurchase program. Under the substantial issuer bid, the company will repurchase up to CAD 25 million worth of its common shares. The shares will be repurchased within a price range of not less than CAD 1.18 per share and not more than CAD 1.30 per common share. The repurchased shares will be cancelled. The offer will be funded from using the company’s available cash on hand. If the offer is oversubscribed, the company will prorate the number of shares accepted for payment, after giving effect to "odd lot" tenders. The bid will expire on November 12, 2021. As at September 27, 2021, the company had 181,961,078 common Shares issued and outstanding. Reported Earnings • Aug 12
Second quarter 2021 earnings released: EPS US$0.064 (vs US$0.02 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$50.5m (up 94% from 2Q 2020). Net income: US$11.6m (up US$15.2m from 2Q 2020). Profit margin: 23% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 24% per year. Recent Insider Transactions • May 13
Insider recently sold €502k worth of stock On the 11th of May, Steven Dean sold around 506k shares on-market at roughly €0.99 per share. In the last 3 months, there was an even bigger sale from another insider worth €2.1m. Insiders have been net sellers, collectively disposing of €3.5m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • May 12
Investor sentiment improved over the past week After last week's 23% share price gain to US$1.02, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 14x in the Metals and Mining industry in Europe. Total returns to shareholders of 59% over the past three years. Reported Earnings • May 06
First quarter 2021 earnings released: EPS US$0.06 (vs US$0.022 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: US$48.9m (up 213% from 1Q 2020). Net income: US$10.9m (up US$15.0m from 1Q 2020). Profit margin: 22% (up from net loss in 1Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Recent Insider Transactions • May 05
Insider recently sold €2.1m worth of stock On the 30th of April, Ross Beaty sold around 3m shares on-market at roughly €0.77 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.0m more than they bought in the last 12 months. Recent Insider Transactions • Apr 17
Insider recently sold €71k worth of stock On the 15th of April, Steven Dean sold around 107k shares on-market at roughly €0.67 per share. In the last 3 months, there was an even bigger sale from another insider worth €507k. Insiders have been net sellers, collectively disposing of €918k more than they bought in the last 12 months. Recent Insider Transactions • Apr 04
Insider recently sold €507k worth of stock On the 1st of April, Ross Beaty sold around 727k shares on-market at roughly €0.70 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €847k more than they bought in the last 12 months. Recent Insider Transactions • Mar 11
Insider recently sold €340k worth of stock On the 4th of March, Steven Dean sold around 500k shares on-market at roughly €0.68 per share. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. 
