Amerigo Resources (ARREF) Stock Dips While Market Gains: Key Facts

Company Performance - Amerigo Resources (ARREF) closed at $1.94, reflecting a -3.05% change from the previous day's closing price, underperforming the S&P 500's daily gain of 0.53% [1] - The company's stock gained 17.71% over the past month, outperforming the Basic Materials sector's gain of 1.73% and the S&P 500's gain of 0.71% [1] Earnings Projections - The upcoming EPS for Amerigo Resources is projected at $0.06, indicating a 200.00% increase compared to the same quarter of the previous year [2] - For the full year, earnings are estimated at $0.21 per share, representing a 75% increase, while revenue is projected to remain unchanged at $0 million [2] Analyst Forecasts - Recent revisions to analyst forecasts for Amerigo Resources should be monitored, as they reflect short-term business trends and positive revisions are seen as favorable for the business outlook [3] Valuation Metrics - Amerigo Resources has a Forward P/E ratio of 9.53, which is significantly lower than the industry average Forward P/E of 27.98 [6] - The Mining - Non Ferrous industry, part of the Basic Materials sector, holds a Zacks Industry Rank of 13, placing it in the top 6% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a strong track record, with 1 rated stocks averaging an annual return of +25% since 1988 [5] - Amerigo Resources currently holds a Zacks Rank of 3 (Hold), with no changes in the consensus EPS projection over the past 30 days [5]