Amerigo Announces Q3-2025 Results, Full Debt Repayment and Quarterly Dividend Increase

Core Insights - Amerigo Resources Ltd. reported strong financial performance for Q3-2025, achieving a net income of $6.7 million and fully repaying corporate debt of $7.5 million on October 27, 2025 [1][3][4]. Financial Performance - Q3-2025 net income was $6.7 million, up from $2.8 million in Q3-2024, with earnings per share (EPS) increasing to $0.04 from $0.02 [2][7][11]. - EBITDA for Q3-2025 was $18.7 million, compared to $13.3 million in Q3-2024 [9][11]. - Operating cash flow before changes in non-cash working capital was $12.4 million, an increase from $8.9 million in Q3-2024 [9][11]. - Free cash flow to equity (FCFE) reached $11.1 million, up from $5.9 million in Q3-2024 [9][11]. Debt and Capital Return - The company achieved debt-free status, concluding a strategic ten-year period, with total debt repayment of $7.5 million [3][4]. - Since implementing its Capital Return Strategy in October 2021, Amerigo has returned $93.7 million to shareholders [4][28]. Dividend Information - A quarterly dividend of Cdn$0.04 per share was declared, representing an annual yield of 5.88% based on the closing share price of Cdn$2.72 [5][6][30]. - The dividend will be payable on December 19, 2025, to shareholders of record as of November 28, 2025 [5][30]. Market Conditions - The average copper price for Q3-2025 was $4.54 per pound, up from $4.22 per pound in Q3-2024, with a significant increase in October to $4.83 per pound [4][7][11]. - Recent copper supply disruptions have strengthened demand fundamentals, contributing to rising copper prices [4].