Loading…
Reprocesses tailings from Codelco's El Teniente mine in Chile to recover copper and molybdenum.
Reprocesses tailings from Codelco's El Teniente mine in Chile to recover copper and molybdenum.
Processes tailings, the waste left from Codelco's mining, which Codelco supplies in exchange for payments tied to the copper price, so Amerigo avoids mining costs. Revenue is copper concentrate (plus molybdenum) sold at market prices. Its fortunes depend on one supply contract and one site.
Moat: narrow (cost advantage, installed base). Long-term tailings-supply contract with Codelco gives low-capex, low-cost feedstock access.
Headquarters: Vancouver, Canada (operations in Chile)
Size Amerigo Resources (ARG.TO) is a Canada Materials company (Other Metals/Minerals) with a market value of $910M, the 256th largest of 420 Canada companies the cockpit tracks. Shares closed at C$7.90 on 6 Nov 2026.
Performance Over six months the shares gained 24.4%, against -16.1% for the median peer and +5.2% for the Canada market (cap-weighted) — 2nd highest of 20 in its peer set.
Growth Revenue grew 54.3% over the last twelve months (peer median +40.6%); the operating margin is 40.7% (peer median 5.3%).
Valuation It trades at 12.2× forward earnings against a peer median of 13.4× (6th cheapest of 11).
Price implies For today's price to make sense, revenue must grow about 4% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is -10 pp: the price already allows for a slowdown.
Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | C$428M | C$318M | C$264M | C$213M | C$219M |
| Revenue growth | — | +20% | +24% | -3% | — |
| Gross profit | C$185M | C$93.7M | C$59.5M | C$19.1M | C$36.9M |
| EBITDA | C$207M | C$117M | C$84.8M | C$38.0M | C$55.7M |
| Net income | C$102M | C$49.5M | C$26.4M | C$4.56M | C$5.69M |
| Free cash flow | C$145M | C$44.5M | C$68.8M | C$4.58M | C$18.0M |
| Capital expenditure | C$21.1M | C$16.6M | C$12.8M | C$22.8M | C$12.8M |
| Total debt | C$0 | C$0 | C$15.4M | C$27.3M | C$35.1M |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Amerigo Resources ARG.TO | $910M | +24% | +54% | 41% | 12.2× | 3.8% |
| Antofagasta ANTO.L | $41.3B | -21% | +20% | 44% | 20.8× | 17.7% |
| Capstone Copper CS.TO | $6.01B | -8% | +30% | 32% | 9.4× | 9.8% |
| Lundin Mining LUN.TO | $18.1B | -18% | +29% | 36% | 14.1× | 15.2% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | ARG.TO | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -7.2% | -17.2% | 7th highest of 21 |
| 6-month return | +24.4% | -16.1% | 2nd highest of 20 |
| Distance from 52-week high | -13.3% | -44.5% | highest of 21 |
| Revenue growth (TTM) | +54.3% | +40.6% | 5th highest of 17 |
| Operating margin | 40.7% | 5.3% | 2nd highest of 18 |
| Forward P/E | 12.2× | 13.4× | 6th cheapest of 11 |
| Growth the price implies (Req g, 7 yrs) | 3.8% | -1.0% | 4th most demanding of 9 |
| Growth delivered (Del g) | +13.4% | +9.5% | 4th highest of 9 |
| Hurdle (Req g minus delivered) | -9.5 pp | -14.4 pp | 4th most demanding of 9 |
| EV / EBITDA | 5.8× | 7.5× | 4th cheapest of 10 |
| Net debt / EBITDA | -0.3× | 0.4× | 4th least indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Amerigo Resources ARG.TO | Canada | $910M | +24% | +54% | 41% | 12.2× | 3.8% | +13.4% |
| Osisko Metals OM.TO | Canada | $911M | -16% | n/a | n/a | n/a | n/a | n/a |
| Sandur Manganese & Iron Ores SANDUMA.NS | India | $914M | -18% | +21% | 20% | n/a | 13.8% | +46.8% |
| Changsha Dialine New Material Sci.&Tech 300700.SZ | China | $903M | -13% | +14% | -23% | n/a | n/a | n/a |
| Metals X MLX.AX | Australia | $934M | -11% | +26% | 53% | 7.2× | -10.3% | +31.2% |
| Zhejiang Tony Electronic 603595.SS | China | $960M | +52% | +5% | -12% | n/a | n/a | n/a |
| Talon Metals TLO.TO | Canada | $839M | +3% | n/a | 3% | 17.9× | n/a | n/a |
| AMG Critical Materials AMG.AS | Netherlands | $988M | -41% | +12% | 7% | 11.9× | 0.2% | +13.0% |
| Luyang Energy-Saving Materials 002088.SZ | China | $837M | +12% | -21% | 1% | 58.4× | 20.8% | +1.3% |
| Jinchuan Group International Resources 2362.HK | Hong Kong | $997M | +4% | +65% | 22% | 2.0× | -2.2% | -1.8% |
| TMC TMC | United States | $1.00B | -60% | n/a | n/a | n/a | n/a | n/a |
| IMC Rare Earths IMC | United States | $824M | n/a | n/a | n/a | n/a | n/a | n/a |
| Jinzhou Yongshan Lithium 603399.SS | China | $821M | -45% | +50% | 2% | n/a | n/a | n/a |
| Develop Global DVP.AX | Australia | $801M | -43% | +68% | 4% | 11.8× | n/a | n/a |
| Jiangyin Electrical Alloy 300697.SZ | China | $791M | -24% | +54% | 5% | n/a | n/a | n/a |
| Americas Gold and Silver USA.TO | Canada | $1.05B | -50% | +86% | 19% | 14.9× | n/a | n/a |
| Jain Resource Recycling JAINREC.NS | India | $1.05B | -43% | +48% | 5% | 23.4× | n/a | n/a |
| Zimplats ZIM.AX | Australia | $1.06B | -15% | +50% | 33% | n/a | -15.0% | +1.1% |
| GRIPM Advanced Materials 688456.SS | China | $780M | -24% | +34% | 2% | 49.6× | n/a | n/a |
| Xizang Zhihui Mining 2546.HK | Hong Kong | $1.08B | +8% | +104% | 28% | n/a | 32.8% | +6.0% |
| Imperial Metals III.TO | Canada | $759M | -2% | +5% | 32% | 7.6× | -7.6% | +36.1% |