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

Amerigo Resources Ltd. (TSE:ARG) announced a quarterly dividend on Wednesday, May 8th, TickerTech reports. Stockholders of record on Thursday, May 30th will be given a dividend of 0.03 per share on Thursday, June 20th. This represents a $0.12 annualized dividend and a dividend yield of 6.82%. The ex-dividend date is Thursday, May 30th.

Amerigo Resources Stock Performance

Shares of ARG stock traded up C$0.02 during trading hours on Thursday, hitting C$1.76. The company’s stock had a trading volume of 87,046 shares, compared to its average volume of 182,160. The company has a 50 day moving average of C$1.57 and a 200 day moving average of C$1.39. The stock has a market cap of C$290.12 million, a PE ratio of 58.67, a price-to-earnings-growth ratio of 0.40 and a beta of 3.29. The company has a current ratio of 0.75, a quick ratio of 0.91 and a debt-to-equity ratio of 19.75. Amerigo Resources has a 12-month low of C$1.10 and a 12-month high of C$1.81.

Amerigo Resources (TSE:ARG) last released its quarterly earnings data on Wednesday, February 21st. The company reported C$0.03 EPS for the quarter. Amerigo Resources had a net margin of 2.15% and a return on equity of 3.03%. The business had revenue of C$57.79 million for the quarter. On average, sell-side analysts forecast that Amerigo Resources will post 0.2176101 EPS 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.