Earnings Call Summary | AMERIGO RESOURCES LTD(ARREF.US) Q1 2024 Earnings Conference
Earnings Call Summary | AMERIGO RESOURCES LTD(ARREF.US) Q1 2024 Earnings Conference
The following is a summary of the Amerigo Resources Ltd. (ARREF) Q1 2024 Earnings Call Transcript:
以下是愛美利哥資源有限公司（ARREF）2024年第一季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Amerigo Resources reported a Q1 net income of $4.3 million, EBITDA of $13.6 million, and free cash flow to equity of $7.3 million.
The company's Q1 copper revenue was $61.3 million, with an average copper price of $3.95 per pound.
Amerigo's Q1 2024 financial results show total revenues of $44.9 million, down from $52.6 million in Q1 2023, primarily due to lower copper and molybdenum prices.
A quarterly dividend of $3.7 million was distributed to shareholders, equating to a 7.7% yield against their quarter-end share price.
The company reported lower costs due to a weakened peso and lower pass-through charges but faced higher line costs. Their all-in sustaining costs stood at $3.57 per pound.
Amerigo's financial performance remains dependent on the behavior of the Chilean peso.
Amerigo Resources報告稱，第一季度淨收入爲430萬美元，息稅折舊攤銷前利潤爲1,360萬美元，股本自由現金流爲730萬美元。
該公司第一季度的銅收入爲6,130萬美元，平均銅價爲每磅3.95美元。
Amerigo的2024年第一季度財務業績顯示，總收入爲4,490萬美元，低於2023年第一季度的5,260萬美元，這主要是由於銅和鉬價格下跌。
向股東分配了370萬美元的季度股息，相當於其季度末股價的收益率爲7.7％。
該公司報告稱，由於披索疲軟和直通費降低，成本降低，但面臨更高的線路成本。他們的總維持成本爲每磅3.57美元。
Amerigo的財務表現仍然取決於智利披索的行爲。
Business Progress:
業務進展：
Amerigo's Q1 2024 operations experienced lower power costs from reduced power consumption and lower grinding costs due to less consumption and lower input costs.
The company is progressing with two CapEx projects expected to generate an additional 345 tons of copper per year upon completion.
Amerigo has approved production optimization projects with works expected to be completed in seven months and to come online by 2025.
The company maintains a cash position target of $25 million, as part of its strategy to maximize returns to its investors.
Amidst strengthening global copper demand, as indicated by rising copper prices in April, Amerigo plans to remain unhedged with potential considerations to move into partial hedging if the surge in copper prices continues.
The company is actively seeking further opportunities in copper tailings, keeping close relations with El Teniente.
Amerigo 2024 年第一季度的運營因減少功耗和較低的投入成本而降低了磨削成本，從而降低了電力消耗，從而降低了磨削成本。
該公司正在推進兩個資本支出項目，預計建成後每年將額外生產345噸銅。
Amerigo已經批准了生產優化項目，預計工程將在七個月內完成，並將在2025年之前上線。
該公司維持2500萬美元的現金頭寸目標，這是其最大限度地提高投資者回報的戰略的一部分。
正如4月份銅價上漲所表明的那樣，在全球銅需求不斷增強的背景下，Amerigo計劃保持對沖狀態，如果銅價繼續飆升，可能會考慮採取部分套期保值措施。
該公司正在積極尋求銅尾礦的更多機會，與El Teniente保持密切關係。
More details: AMERIGO RESOURCES LTD IR
更多詳情： AMERIGO 資源有限公司
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
譯文內容由第三人軟體翻譯。