Amerigo Resources Ltd.

11:51 AM EST - Amerigo Resources Ltd. : Announced financial results for the year 2018. The Company’s 100% owned operation, Minera Valle Central located near Rancagua, Chile met annual copper production guidance of 65.0 million pounds at an annual cash cost of $1.56 per pound. Molybdenum production of 1.9 million pounds was stronger than guidance. Amerigo’s annual net income was $10.5 million or $0.06 earnings per share. Cash generated from operations was $27.8 million and $27.2 million before and after changes in working capital, respectively. The Company’s cash position at year end was $21.3 million. Amerigo Resources Ltd.
shares T.ARG are trading unchanged at $1.01.