Amerigo Resources Ltd. Declares Dividend of $0.02 (OTCMKTS:ARREF)

Amerigo Resources Ltd. (OTCMKTS:ARREF) announced a dividend on Saturday, March 1st, investing.com reports. Investors of record on Friday, March 7th will be paid a dividend of 0.0209 per share on Thursday, March 20th. This represents a yield of 6.75%. The ex-dividend date is Thursday, March 6th.

Amerigo Resources Stock Down 2.7 %

OTCMKTS:ARREF traded down $0.03 during midday trading on Friday, hitting $1.24. 106,432 shares of the company were exchanged, compared to its average volume of 53,219. The company has a fifty day simple moving average of $1.18 and a 200 day simple moving average of $1.21. Amerigo Resources has a fifty-two week low of $0.93 and a fifty-two week high of $1.52. The company has a current ratio of 0.91, a quick ratio of 0.80 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $204.21 million, a PE ratio of 9.54, a price-to-earnings-growth ratio of 0.30 and a beta of 3.04.

Amerigo Resources (OTCMKTS:ARREF) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.02). Amerigo Resources had a return on equity of 19.30% and a net margin of 11.23%. The business had revenue of $50.80 million for the quarter, compared to analysts’ expectations of $53.20 million. As a group, equities analysts anticipate that Amerigo Resources will post 0.14 earnings per share for the current fiscal year.

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.