Amerigo Reveals Q2-2025 Financial Outcomes and Quarterly Dividend Declaration
Amerigo Resources Ltd. Reports Strong Q2-2025 Financial Performance
In a recent news release, Amerigo Resources Ltd. announced impressive financial results for the second quarter of 2025. The company's operations and future plans involve certain risks, uncertainties, and factors that may cause actual results to differ materially from those anticipated in the forward-looking statements.
Despite these potential uncertainties, Amerigo reported a net income of $7.5 million for Q2-2025, with EBITDA reaching $17.8 million. The company also generated operating cash flow before changes in non-cash working capital of $11.9 million.
One of the key highlights of the quarter was the return of $7.6 million to shareholders. This was achieved through dividends and share buybacks, with a dividend of Cdn$0.03 per share declared for the 16th consecutive quarter. This dividend will be paid on September 19, 2025, to shareholders of record as of August 29, 2025.
The Free Cash Flow to Equity (FCFE) for Q2-2025 was $6.5 million. FCFE is calculated as operating cash flow before changes in non-cash working capital, less capital expenditures, plus new debt issued less debt repayments.
Amerigo's pricing terms are based on the average London Metal Exchange (LME) copper price of the third month following the delivery of copper concentrates produced under the DET tolling agreement ("M+3"). The company's copper price for Q2-2025 was marked to market on June 30, 2025, at an average price of $4.42/lb and will be settled at the LME average prices for July, August, and September 2025.
The company held cash and cash equivalents of $23.3 million on June 30, 2025. Under the "T+1 settlement cycle", Amerigo's shares will commence trading on an ex-dividend basis at the opening of trading on August 29, 2025.
In a statement, Amerigo's President and CEO, Aurora Davidson, expressed confidence in the company's ability to meet annual guidance and achieve a debt-free status by year-end. The company's copper production for Q2-2025 was 15.5 million pounds, slightly better than expected, supporting ongoing guidance for 2025.
[1] Source: Amerigo Resources Ltd. News Release, August 16, 2025. [2] Source: Amerigo Resources Ltd. Investor Presentation, Q2-2025. [3] Source: Amerigo Resources Ltd. Operations Update, July 15, 2025. [4] Source: Amerigo Resources Ltd. Corporate Presentation, June 1, 2025.
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