Here are updates on two of our buys: Amerigo Resources & PagerDuty

Article Excerpt

Long-time readers know that we aim to keep you informed of important news about the stocks we cover. That means highlighting developments and plans that promise to bolster investor gains. Here are two buys that stand out this month: AMERIGO RESOURCES, $1.34, is a buy for aggressive investors. The company (Toronto symbol ARG; TSINetwork Rating: Speculative) (www.amerigoresources.com; Shares o/s: 164.8 million; Market cap: $220.9 million; Dividend yield: 9.0%) processes copper and molybdenum from the waste rock of the giant El Teniente mine in Chile. Amerigo reported 30.6% lower copper production in the three months ended September 30, 2023. Output dropped to 11.1 million pounds (at a production cost of $2.44 per pound) from 16.0 million pounds (at a cost of $1.93) a year earlier. Copper production in the latest quarter was sharply lower due to severe rain in central Chile, which temporarily affected operations in two separate events. However, Amerigo fully resolved the disruptions and resumed normal operations and production levels on September…