Cementos Argos S.A. (CMTOY)
Market Closed
25 Jul, 20:00
OTC PINK OTC PINK Primary $
12. 00
-0.4
-3.23%
$
616.47M Market Cap
18.23 P/E Ratio
0.37% Div Yield
5,500 Volume
0 Eps
$ 12.4
Previous Close Day Range
12 12
Year Range
7.2 13.05
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Earnings results expected in 9 days
Cementos Argos: An Appealing Cement Play With A Big Payday Coming
Cementos Argos has seen a 110.3% stock increase since monetizing its US assets, outperforming the S&P 500's 31.1% rise. Despite recent financial weaknesses, including a 4.8% drop in cement volumes, I am upgrading CMTOY from 'Hold' to 'Buy'. The company benefits from expected housing sales growth, lower inflation, and a potential $2.87 billion cash influx from Summit Materials' sale.
Seekingalpha | 7 months ago
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