Amerigo Resources Ltd. (ARG) to Issue Quarterly Dividend of $0.03 on December 20th

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

Amerigo Resources Stock Performance

Shares of TSE ARG remained flat at C$1.71 during midday trading on Wednesday. 73,602 shares of the stock were exchanged, compared to its average volume of 228,424. The stock has a market capitalization of C$283.79 million, a P/E ratio of 17.30, a P/E/G ratio of 0.32 and a beta of 3.11. Amerigo Resources has a 1-year low of C$1.22 and a 1-year high of C$2.05. The company has a debt-to-equity ratio of 12.87, a current ratio of 0.97 and a quick ratio of 0.91. The stock’s 50-day simple moving average is C$1.74 and its 200 day simple moving average is C$1.70.

Amerigo Resources (TSE:ARG) last released its earnings results on Wednesday, October 30th. The company reported C$0.02 earnings per share (EPS) for the quarter. Amerigo Resources had a net margin of 7.16% and a return on equity of 10.75%. The business had revenue of C$61.99 million for the quarter. On average, 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.