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

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Wednesday, February 26th, RTT News reports. Investors of record on Thursday, March 6th will be paid a dividend of 0.03 per share on Thursday, March 20th. This represents a $0.12 annualized dividend and a yield of 6.52%.

Amerigo Resources Stock Performance

ARG opened at C$1.84 on Friday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 14.04. The company’s fifty day moving average price is C$1.69 and its two-hundred day moving average price is C$1.69. Amerigo Resources has a 1-year low of C$1.26 and a 1-year high of C$2.05. The company has a market cap of C$211.90 million, a price-to-earnings ratio of 10.31, a PEG ratio of 0.32 and a beta of 3.11.

Analyst Upgrades and Downgrades

Separately, Atrium Research upgraded shares of Amerigo Resources to a “strong-buy” rating in a research report on Wednesday, January 15th.

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.