Atrium Research analyst Ben Pirie maintained a Buy rating on Amerigo Resources today and set a price target of C$3.50. The company’s shares opened today at $2.00.
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Pirie covers the Basic Materials sector, focusing on stocks such as Forge Resources, Copper Fox Metals, and Santacruz Silver Mining. According to TipRanks, Pirie has an average return of 64.6% and a 67.35% success rate on recommended stocks.
Currently, the analyst consensus on Amerigo Resources is a Moderate Buy with an average price target of $2.15.
The company has a one-year high of $2.03 and a one-year low of $1.08. Currently, Amerigo Resources has an average volume of 131K.
Based on the recent corporate insider activity of 23 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ARREF in relation to earlier this year.
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