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Amerigo Resources Exceeds Q3 Expectations, Pays Dividends

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Amerigo Resources Exceeds Q3 Expectations, Pays Dividends

Amerigo Resources (TSE:ARG) has released an update.

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Amerigo Resources Ltd. announced strong Q3-2024 results with copper production of 16.3 million pounds surpassing their own guidance, coupled with a low cash cost of $1.93 per pound, leading to a robust financial quarter. Rising copper prices have further strengthened their performance, enabling the payment of $8.5 million in dividends. The company’s capital return strategy aims to allow shareholders to reap benefits from such profitable quarters.

For further insights into TSE:ARG stock, check out TipRanks’ Stock Analysis page.

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