Canada's Amerigo Q4 revenue rises on higher copper prices

Overview

• Canada copper producer's Q4 revenue rose yr/yr

• Company declared 18th quarterly dividend of Cdn$0.04 per share

• Company returned $20.4 mln to shareholders in 2025

Outlook

• Amerigo expects copper prices to remain high due to strong market fundamentals

• Company plans to continue its Capital Return Strategy in 2026

• Amerigo focuses on reliability and operational stability to support capital returns

Result Drivers

• COPPER PRICE INCREASE - Amerigo's results were bolstered by a 9% rise in average annual copper prices, enhancing operational leverage

• DIVIDEND AND DEBT STRATEGY - Despite price volatility, Amerigo increased dividends, declared a performance dividend, and eliminated debt

• COPPER PRODUCTION - MVC produced 62.2 M lbs of copper, slightly down from 2024, with increased molybdenum production

Company press release: ID:nGNX85tDsD

Key Details

Analyst Coverage

• The one available analyst rating on the shares is "strong buy"

• The average consensus recommendation for the specialty mining & metals peer group is "buy."

• Wall Street's median 12-month price target for Amerigo Resources Ltd is C$6.50, about 3.8% above its February 24 closing price of C$6.26

• The stock recently traded at 25 times the next 12-month earnings vs. a P/E of 14 three months ago

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