Amerigo Resources Ltd. to Issue Quarterly Dividend of $0.04 (TSE:ARG)

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Friday, May 29th, TickerTech Dividends reports. Stockholders of record on Thursday, June 18th will be given a dividend of 0.04 per share on Thursday, June 18th. This represents a c) annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, May 29th.

Amerigo Resources Price Performance

ARG stock opened at C$6.69 on Wednesday. Amerigo Resources has a 1-year low of C$1.81 and a 1-year high of C$7.16. The business has a fifty day moving average price of C$5.88 and a 200-day moving average price of C$5.21. The stock has a market capitalization of C$1.08 billion, a P/E ratio of 23.89, a P/E/G ratio of 0.32 and a beta of 2.11.

Amerigo Resources (TSE:ARG) last posted its quarterly earnings data on Wednesday, April 29th. The company reported C$0.13 EPS for the quarter. The company had revenue of C$91.99 million during the quarter. Amerigo Resources had a return on equity of 42.44% and a net margin of 15.26%. As a group, analysts anticipate that Amerigo Resources will post 0.2850394 earnings per share for the current year.

Insider Activity at Amerigo Resources

In related news, insider Kimberly Thomas sold 8,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of C$7.07, for a total transaction of C$56,560.00. Following the completion of the sale, the insider owned 22,118 shares in the company, valued at approximately C$156,374.26. This represents a 26.56% decrease in their ownership of the stock. Also, insider Carmen Amezquita sold 15,000 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of C$6.41, for a total value of C$96,150.00. Following the sale, the insider owned 68,939 shares of the company’s stock, valued at approximately C$441,898.99. This trade represents a 17.87% decrease in their position. Over the last 90 days, insiders sold 176,581 shares of company stock worth $952,187. 12.95% of the stock is owned by insiders.

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.