Strong Copper Production
Amerigo achieved copper production of 15.5 million pounds in Q2 2025, with molybdenum production also robust, accounting for 46% of the annual guidance of 62.9 million pounds.
Cash Cost Control
The company's cash cost per pound declined to $1.82 in Q2 2025, with an annual cash cost guidance of $1.93 per pound expected to be met.
Capital Return to Shareholders
A quarterly dividend of CAD 0.03 per share was paid, representing $3.5 million, and 3.1 million common shares were repurchased and canceled at a weighted average price of CAD 1.78 per share, totaling $4 million.
Positive Financial Performance
Amerigo posted a net income of $7.5 million, with earnings per share of CAD 0.05 and EBITDA of $17.8 million in Q2 2025.
Share Price Increase
Amerigo's share price increased from CAD 1.91 to CAD 2.12 during Q2 2025, representing a 36% year-to-date increase.