Amerigo Resources
Toronto symbol ARG, Toronto, processes copper from the tailings (waste rock) from Chile's El Teniente, the world's largest underground copper mine.
AMERIGO RESOURCES $0.50 (Toronto symbol ARG; TSINetwork Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 172.3 million; Market cap: $86.2 million; No divd.) processes copper and molybdenum from the waste rock from Chile’s El Teniente, the world’s largest copper mine.
In the three months ended September 30, 2011, Amerigo’s cash flow was $0.03 a share, down from $0.06 a year earlier. However, that …read more »
SHERRITT INTERNATIONAL $5.64 (Toronto symbol S; TSINetwork Rating: Speculative) (1-800-704-6698; www.sherritt.com; Shares outstanding: 296.2 million; Market cap: $1.6 billion; Dividend yield: 2.7%) is a diversified natural-resource company that produces nickel, cobalt, thermal coal, oil and gas. It also manages 376 megawatts of power-generation capacity in Cuba.
Sherritt is a major nickel producer, with operations in Cuba and Canada. It is also …read more »
AMERIGO RESOURCES $1.10 (Toronto symbol ARG; TSINetwork Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 171.5 million; Market cap: $188.7 million; No dividends paid) has risen 69% since June 2010 on higher copper prices.
Amerigo processes copper and molybdenum from the waste rock from Chile’s El Teniente, the world’s largest copper mine. The contract runs at least through 2021. Amerigo has a further …read more »
Many junior resource stocks have rebounded lately, along with commodity prices. As well, it’s getting easier for many juniors to raise funds for exploration and development.
Here are four penny stocks that have promising prospects and cash to sustain themselves, whichever way commodity prices go. We think they have a better-than-average chance of long-term success.
MIRANDA GOLD $0.40 (Toronto symbol MAD; SI …read more »
AMERIGO RESOURCES $0.39 (Toronto symbol ARG; SI Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 132.1 million; Market cap: $51.5 million) processes copper and molybdenum from the tailings (waste rock) from Chile’s El Teniente, the world’s largest copper mine.
In the three months ended March 31, 2009, Amerigo’s revenue fell 63.8%, to $29.9 million from $38.9 million a year earlier. (All figures except …read more »
AMERIGO RESOURCES $0.36 (Toronto symbol ARG; SI Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 93.4 million; Market cap: $33.1 million) processes copper from the tailings (waste rock) from Chile’s El Teniente, the world’s largest underground copper mine.
In the three months ended September 30, 2008, Amerigo’s revenues rose 4.8%, to $29.9 million from $28.5 million a year earlier on record production. (All …read more »
Junior resources stocks have been particularly hard hit lately, not just by falling commodity prices, but also by investor fears that they won’t be able to continue to raise financing for exploration and development.
Here are four penny stocks that all have promising prospects, as well as cash to sustain their operations. We think they have a better-than-average chance of long-term …read more »
AMERIGO RESOURCES $0.60 (Toronto symbol ARG; SI Rating: Speculative) (604-681 -2802; www.amerigoresources.com; Shares outstanding: 93.4 million; Market cap: $56.0 million) processes copper from the tailings (waste rock) from Chile’s El Teniente, the world’s largest underground copper mine.
In the three months ended June 30, 2008, Amerigo’s revenues fell 2.6%, to $31.2 million from $32 million a year earlier. (All figures except …read more »
AMERIGO RESOURCES $2.54 (Toronto symbol ARG; SI Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 94.4 million; Market cap: $239.7 million) has a contract with Codelco, Chile’s state-owned copper producer, to process the tailings from El Teniente, the world’s largest underground copper mine. Tailings are the waste rock produced in the mining process. The contract runs at least through 2021. Amerigo has …read more »
AMERIGO RESOURCES $2.71 (Toronto symbol ARG; SI Rating: Speculative) (604-681-2802; www.amerigoresources.com; Shares outstanding: 94.5 million; Market cap: $256.2 million) has a contract with Codelco, Chile’s state-owned copper producer, to process the tailings from El Teniente, the world’s largest underground copper mine. Tailings are the waste rock produced in the mining process. The contract runs at least through 2021. Amerigo has …read more »
