Amerigo Resources (OTCMKTS:ARREF) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Amerigo Resources Ltd. (OTCMKTS:ARREF) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $1.21 and traded as low as $1.11. Amerigo Resources shares last traded at $1.11, with a volume of 54,690 shares changing hands.

Amerigo Resources Stock Down 0.9 %

The company’s 50 day moving average price is $1.21 and its two-hundred day moving average price is $1.21. The company has a current ratio of 0.97, a quick ratio of 0.84 and a debt-to-equity ratio of 0.06. The firm has a market cap of $182.63 million, a PE ratio of 8.54, a PEG ratio of 0.42 and a beta of 3.04.

Amerigo Resources (OTCMKTS:ARREF) last announced its quarterly earnings data on Wednesday, October 30th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). Amerigo Resources had a net margin of 11.23% and a return on equity of 19.24%. The company had revenue of $45.44 million for the quarter, compared to the consensus estimate of $46.13 million. On average, equities research analysts expect that Amerigo Resources Ltd. will post 0.14 EPS for the current fiscal year.

Amerigo Resources Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 20th. Shareholders of record on Monday, December 2nd were paid a $0.0216 dividend. The ex-dividend date was Friday, November 29th. This represents a yield of 7.01%. Amerigo Resources’s payout ratio is presently 61.54%.

Amerigo Resources Company Profile

Amerigo Resources Ltd., through its subsidiary, Minera Valle Central SA, engages in the production and sale of copper and molybdenum concentrates from Codelco's El Teniente underground mine in Chile. The company was formerly known as Golden Temple Mining Corp. and changed its name to Amerigo Resources Ltd.