Amerigo Resources reported quarterly EPS of C$0.14, above the C$0.12 estimate. Investors should also consider copper production and operating costs when assessing the results.
Amerigo Resources Ltd. (TSX: ARG) released results for the quarter ended September 30, 2026, after market close on October 27. EPS was C$0.14, 16.7% above the C$0.12 estimate. The October 28 release also reported US$22.7 million in net income, US$48.0 million in EBITDA and US$28.1 million in free cash flow. These figures add context, but production and costs remain central to the outlook.
Recent earnings trend
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Amerigo Resources Ltd.
ARG.TO
ARG.TO
Amerigo Resources Ltd.
WealthAwesomeMarket cap
$1.27B
P/E
17.2x
Div. yield
1.48%
Div. / share
$0.11
52W high
$9.11
52W low
$2.63
1W change
+2.87%
Beta
2.12
Analyst Price Targets
Based on analyst covering ARG · as of Oct 29, 2026
Wall Street analysts forecast ARG stock price to rise 24.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$9.80
+24.2% Upside
Previously C$9.82 on Oct 27, 2026
Current Price
C$7.89
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ARG's historical volatility
30-Day Vol
57.1%
Annualized
90-Day Vol
55.3%
Annualized
Trend (90d)
+50.0%
Annualized drift
90d Mean
C$9.43
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$8.37 | C$6.88 – C$10.20 |
| 60 trading days | C$8.89 | C$6.73 – C$11.74 |
| 90 trading days | C$9.43 | C$6.71 – C$13.27 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-10-27 | 0.1400 | 0.1200 | +16.7% |
| 2025-06-30 | 2025-07-30 | 0.0634 | 0.0500 | +26.8% |
| 2025-03-31 | 2025-05-07 | 0.0285 | — | — |
| 2024-12-31 | 2025-02-19 | 0.0140 | — | — |
| 2024-09-30 | 2024-10-30 | 0.0200 | 0.0300 | -33.3% |
| 2024-06-30 | 2024-07-31 | 0.0600 | 0.0500 | +20.0% |
Investor takeaway: Amerigo beat the EPS estimate and reported positive earnings and free cash flow. The company also declared a quarterly dividend of C$0.04. But operating conditions matter: its October production update said heavy rain reduced the number of processing days for historic tailings. Shares last closed at C$7.89, below the 50-day moving average of C$8.29 and above the 200-day average of C$6.76. These figures describe recent trading, not future performance.
EPS: C$0.14 actual vs. C$0.12 estimate
That’s a 16.7% positive surprise. Based on the available comparable-quarter data, Amerigo has beaten estimates in three of its last four reported quarters. The automatically inserted earnings trend table shows the quarter-by-quarter history.
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Bull case
Amerigo beat the quarterly EPS estimate and reported net income, EBITDA and free cash flow. Its October 13 production update put third-quarter copper output at 17.0 million pounds and year-to-date production at 48.2 million pounds, or 76% of annual guidance. In its results release, the company also said it had returned US$93.9 million to shareholders year to date. The C$0.04 quarterly dividend adds to those shareholder returns.
Bear case
The estimate came from one analyst, so it offers a limited comparison rather than a broad market consensus. Operating conditions can also affect production. Amerigo said heavy rain reduced processing days for historic tailings during the quarter. The stock was down 9.73% over one month, and Wealth Awesome’s statistical model put its 30-day volatility at 57.1%. The earnings beat and dividend don’t remove operating or share-price risks.
Analysis
Amerigo reported EPS of C$0.14 for the quarter ended September 30, compared with the C$0.12 estimate, a 16.7% positive surprise. Because the estimate came from one analyst, treat it as a limited benchmark. The October 28 results release reported US$22.7 million in net income, US$48.0 million in EBITDA and US$28.1 million in free cash flow. Amerigo also declared a quarterly dividend of C$0.04. The supplied fundamentals snapshot lists trailing EPS of C$0.46, a 20.88% profit margin and a 1.48% dividend yield. See the ARG.TO stock page for company and share information.
Analysis
Amerigo’s October 13 production update reported third-quarter copper output of 17.0 million pounds at a cash cost of US$1.55 per pound. Year-to-date production reached 48.2 million pounds, or 76% of annual guidance. The company said heavy rain reduced the number of processing days for historic tailings. This operating context matters alongside the earnings beat: production, costs and the ability to process tailings all affect results. One quarter’s EPS alone doesn’t establish a trend. Amerigo also said in its results release that it had returned US$93.9 million to shareholders year to date.
Analysis
The supplied analyst-target data show an average target of C$9.80, compared with the last close of C$7.89. That implies 24.2% upside to the average target. The formal rating is unavailable for Canadian listings, though the supplied summary describes the target comparison as bullish. Targets are estimates, not guarantees. Wealth Awesome’s statistical 90-day price model gives a mean forecast of C$9.43, with a 68% range of C$6.71 to C$13.27 and a 95% range of C$4.77 to C$18.67. The model is not financial advice, and its wide ranges reflect uncertainty. See the analyst ratings and price prediction sections for details.
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