Amerigo Resources (TSE:ARG) Stock Passes Above Two Hundred Day Moving Average of $1.33

Amerigo Resources Ltd. (TSE:ARG) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.33 and traded as high as C$1.72. Amerigo Resources shares last traded at C$1.72, with a volume of 352,784 shares changing hands.

Amerigo Resources Price Performance

The stock has a market capitalization of C$291.77 million, a price-to-earnings ratio of 59.00, a PEG ratio of 0.39 and a beta of 3.29. The company has a debt-to-equity ratio of 19.75, a quick ratio of 0.91 and a current ratio of 0.75. The company has a fifty day simple moving average of C$1.44 and a two-hundred day simple moving average of C$1.34.

Amerigo Resources (TSE:ARG) last announced its quarterly earnings data on Wednesday, February 21st. The company reported C$0.03 earnings per share for the quarter. The firm had revenue of C$57.79 million during the quarter. Amerigo Resources had a return on equity of 3.03% and a net margin of 2.15%. As a group, equities research analysts expect that Amerigo Resources Ltd. will post 0.2170543 earnings per share for the current fiscal year.

Amerigo Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Wednesday, March 6th were issued a $0.03 dividend. The ex-dividend date of this dividend was Tuesday, March 5th. This represents a $0.12 annualized dividend and a yield of 6.78%. Amerigo Resources’s dividend payout ratio is presently 400.00%.

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.