Insider Selling: Amerigo Resources (TSE:ARG) Director Sells C$394,200.00 in Stock

Posted by Donald Scott on Sep 21st, 2026

Amerigo Resources Ltd. (TSE:ARG – Get Free Report) Director George Ireland sold 45,000 shares of the stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of C$8.76, for a total transaction of C$394,200.00. Following the completion of the sale, the director owned 10,172,156 shares in the company, valued at C$89,108,086.56. This represents a 0.44% decrease in their ownership of the stock.

Amerigo Resources Stock Down 3.2%

Amerigo Resources stock traded down C$0.29 during midday trading on Monday, hitting C$8.64. 877,464 shares of the stock were exchanged, compared to its average volume of 914,692. The stock has a market capitalization of C$1.39 billion, a PE ratio of 25.41, a P/E/G ratio of 0.32 and a beta of 2.15. The company has a fifty day simple moving average of C$7.84 and a two-hundred day simple moving average of C$6.71. Amerigo Resources Ltd. has a 52 week low of C$2.42 and a 52 week high of C$8.93.

Amerigo Resources (TSE:ARG – Get Free Report) last issued its earnings results on Wednesday, July 29th. The company reported C$0.16 EPS for the quarter. The firm had revenue of C$109.93 million during the quarter. Amerigo Resources had a net margin of 18.55% and a return on equity of 50.54%. As a group, equities research analysts anticipate that Amerigo Resources Ltd. will post 0.2850394 EPS for the current fiscal year.

Amerigo Resources Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, September 18th were given a $0.04 dividend. The ex-dividend date was Friday, August 28th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.9%. Amerigo Resources’s dividend payout ratio is currently 77.12%.

About Amerigo Resources

(Get Free Report)

Amerigo is an innovative copper producer with a long-term relationship, through its fully-owned subsidiary Minera Valle Central (‘MVC’), with Corporación Nacional del Cobre de Chile (‘Codelco’), the world’s largest copper producer. Amerigo produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation in Chile by processing fresh and historic tailings from Codelco’s El Teniente mine, the world’s largest underground copper mine.