Amerigo posts profit despite lower production, sales, tags
Nov 11, 2013 | 08:06 AM
| Daniel Fitzgerald
NEW YORK Amerigo Resources Ltd.s revenue fell in the third quarter due to lower copper and molybdenum sales volumes as well as lower average metal prices.
The Vancouver, British Columbia-based company posted net income of $1.04 million for the three months ended Sept. 30 in contrast to a net loss of $4.19 million in the same period last year despite a 27.8-percent decline in revenue to $31.95 million. ....
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