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

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Monday, October 28th,Zacks Dividends reports. Stockholders 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 dividend on an annualized basis and a dividend yield of 6.94%. The ex-dividend date of this dividend is Friday, November 29th.

Amerigo Resources Trading Up 1.2 %

Shares of Amerigo Resources stock traded up C$0.02 during trading on Wednesday, hitting C$1.73. 49,702 shares of the company were exchanged, compared to its average volume of 228,314. The firm’s fifty day moving average price is C$1.74 and its 200 day moving average price is C$1.70. Amerigo Resources has a 1-year low of C$1.22 and a 1-year high of C$2.05. The firm has a market capitalization of C$287.11 million, a P/E ratio of 17.10, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11. The company has a debt-to-equity ratio of 12.87, a current ratio of 0.97 and a quick ratio of 0.91.

Amerigo Resources (TSE:ARG) last announced its quarterly earnings results on Wednesday, October 30th. The company reported C$0.02 earnings per share 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%. As a group, sell-side analysts expect that Amerigo Resources will post 0.2850394 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.