Amerigo Resources Ltd. (TSE:ARG) Increases Dividend to $0.05 Per Share

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Wednesday, December 17th, TickerTech Dividends reports. Shareholders of record on Thursday, January 15th will be given a dividend of 0.05 per share on Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Wednesday, December 17th. This is a 25.0% increase from Amerigo Resources’s previous quarterly dividend of $0.04.

Amerigo Resources Stock Performance

Shares of Amerigo Resources stock traded up C$0.09 on Monday, hitting C$4.22. 781,959 shares of the company’s stock were exchanged, compared to its average volume of 333,844. The company has a 50-day simple moving average of C$3.22 and a 200-day simple moving average of C$2.57. Amerigo Resources has a 1 year low of C$1.56 and a 1 year high of C$4.30. The company has a debt-to-equity ratio of 14.04, a quick ratio of 0.91 and a current ratio of 0.91. The stock has a market capitalization of C$694.15 million, a PE ratio of 32.46, a PEG ratio of 0.32 and a beta of 1.80.

Amerigo Resources (TSE:ARG) last announced its quarterly earnings data on Wednesday, October 29th. The company reported C$0.04 EPS for the quarter. Amerigo Resources had a net margin of 8.12% and a return on equity of 19.29%. The firm had revenue of C$73.08 million for the quarter. As a group, equities analysts anticipate that Amerigo Resources will post 0.2850394 EPS for the current year.

Amerigo Resources Company Profile

Amerigo Resources Ltd is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary Minera Valle Central SA The group operates in one segment, the production of copper concentrates with the production of molybdenum concentrates as a by-product. The company geographically operates in Chile and Canada and earns most of its revenue from Chile.