{"id":"amerigo-q3-mvc-copper-results-dividend-oct28-2026","canonicalSlug":"amerigo-q3-mvc-copper-results-dividend-oct28-2026","url":"https://wellficent.com/en/news/amerigo-q3-mvc-copper-results-dividend-oct28-2026","language":"en","title":"Amerigo reports US$22.7 million quarterly profit as MVC copper output rises","summary":"Copper production reached 17.0 million pounds; provisional pricing and working capital remain relevant to the results.","body":["Amerigo Resources reported third-quarter results on 28 October, recording US$22.7 million of net income against US$6.7 million a year earlier. Its MVC operation in Chile produced 17.0 million pounds of copper, compared with 14.6 million pounds. Plant availability was 98.1%, and the reported cash-cost measure was US$1.55 per pound.","The company reported EBITDA of US$48.0 million and free cash flow of US$28.1 million. These supplementary non-GAAP measures differ from net income and cash balances. Higher copper-related revenue, settlement adjustments and molybdenum revenue supported profitability, partly offset by royalties, costs and income tax.","Quarter-end cash was US$50.1 million, while working capital showed an US$18.6 million deficit. Amerigo linked the deficit principally to dividends declared but payable after the quarter. A quarterly dividend of C$0.04 per share, declared on 26 October, is payable on 18 December to shareholders recorded on 30 November.","Copper pricing remains provisional for recent deliveries. The US$6.55-per-pound price used at September-end will be settled using subsequent monthly prices. Amerigo estimates that a 10% change would alter fourth-quarter revenue associated with third-quarter production by US$11.2 million. That sensitivity is a conditional calculation, rather than a forecast of a particular price movement."],"keyPoints":[],"sections":[],"text":"Amerigo reports US$22.7 million quarterly profit as MVC copper output rises\n\nCopper production reached 17.0 million pounds; provisional pricing and working capital remain relevant to the results.\n\nAmerigo Resources reported third-quarter results on 28 October, recording US$22.7 million of net income against US$6.7 million a year earlier. Its MVC operation in Chile produced 17.0 million pounds of copper, compared with 14.6 million pounds. Plant availability was 98.1%, and the reported cash-cost measure was US$1.55 per pound.\n\nThe company reported EBITDA of US$48.0 million and free cash flow of US$28.1 million. These supplementary non-GAAP measures differ from net income and cash balances. Higher copper-related revenue, settlement adjustments and molybdenum revenue supported profitability, partly offset by royalties, costs and income tax.\n\nQuarter-end cash was US$50.1 million, while working capital showed an US$18.6 million deficit. Amerigo linked the deficit principally to dividends declared but payable after the quarter. A quarterly dividend of C$0.04 per share, declared on 26 October, is payable on 18 December to shareholders recorded on 30 November.\n\nCopper pricing remains provisional for recent deliveries. The US$6.55-per-pound price used at September-end will be settled using subsequent monthly prices. Amerigo estimates that a 10% change would alter fourth-quarter revenue associated with third-quarter production by US$11.2 million. That sensitivity is a conditional calculation, rather than a forecast of a particular price movement.","category":"energy","region":"world","topics":["mining","metals"],"eventDate":"2026-10-28","eventDateBasis":"source-event-or-period","publishedAt":"2026-10-28T19:44:58Z","modifiedAt":"2026-10-28T19:44:58Z","publicationBasis":"first-publication","preparedAt":"2026-10-28T19:44:19Z","sourcePublishedAt":"2026-10-28","translatedAt":null,"sources":[{"url":"https://www.nasdaq.com/press-release/amerigo-announces-q3-2026-net-income-227-million-and-declares-cdn-004-quarterly","name":"Amerigo Resources via Newsfile","checkedAt":"2026-10-28","publishedAt":"2026-10-28"}],"translations":{"en":"https://wellficent.com/en/news/amerigo-q3-mvc-copper-results-dividend-oct28-2026","tr":"https://wellficent.com/tr/news/amerigo-q3-mvc-copper-results-dividend-oct28-2026","ar":"https://wellficent.com/ar/news/amerigo-q3-mvc-copper-results-dividend-oct28-2026","fr":"https://wellficent.com/fr/news/amerigo-q3-mvc-copper-results-dividend-oct28-2026","es":"https://wellficent.com/es/news/amerigo-q3-mvc-copper-results-dividend-oct28-2026","ru":"https://wellficent.com/ru/news/amerigo-q3-mvc-copper-results-dividend-oct28-2026","pt":"https://wellficent.com/pt/news/amerigo-q3-mvc-copper-results-dividend-oct28-2026"},"corrections":[],"locations":[],"type":"news","classification":{"version":"1","dataKinds":["corporate-results"],"geographies":[{"role":"economic-scope","countryCode":"CL","subdivisionCode":null}],"evidenceBasis":["reported-observation","plan"],"measurementPeriod":{"to":"2026-Q3","from":"2026-Q3","precision":"quarter"}}}