Amerigo Resources Ltd. (TSE:ARG) Announces $0.03 Quarterly Dividend

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Monday, October 28th,Zacks Dividends reports. Investors of record on Friday, November 29th will be given a dividend of 0.03 per share on Friday, December 20th. This represents a $0.12 annualized dividend and a dividend yield of 7.02%. The ex-dividend date is Friday, November 29th.

Amerigo Resources Price Performance

ARG remained flat at C$1.71 during trading on Wednesday. The company’s stock had a trading volume of 66,102 shares, compared to its average volume of 228,334. The company’s 50 day moving average price is C$1.74 and its 200 day moving average price is C$1.70. The company has a quick ratio of 0.91, a current ratio of 0.97 and a debt-to-equity ratio of 12.87. Amerigo Resources has a 52-week low of C$1.22 and a 52-week high of C$2.05. The company has a market capitalization of C$283.79 million, a PE ratio of 17.30, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11.

Amerigo Resources (TSE:ARG) last issued its earnings results on Wednesday, October 30th. The company reported C$0.02 earnings per share (EPS) for the quarter. The company had revenue of C$61.99 million for the quarter. Amerigo Resources had a net margin of 7.16% and a return on equity of 10.75%. On average, sell-side analysts forecast that Amerigo Resources will post 0.2850394 earnings per share for the current 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.