Amerigo Resources Ltd. (ARG) to Issue Quarterly Dividend of $0.18 on August 6th

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Monday, July 13th, TickerTech Dividends reports. Shareholders of record on Thursday, August 6th will be given a dividend of 0.18 per share on Thursday, August 6th. This represents a c) annualized dividend and a yield of 10.3%. The ex-dividend date is Monday, July 13th. This is a 350.0% increase from Amerigo Resources’s previous quarterly dividend of $0.04.

Amerigo Resources Price Performance

Shares of ARG opened at C$6.99 on Friday. The company’s fifty day moving average price is C$6.50 and its 200-day moving average price is C$5.86. Amerigo Resources has a 1-year low of C$2.04 and a 1-year high of C$7.39. The firm has a market capitalization of C$1.13 billion, a PE ratio of 24.96, a price-to-earnings-growth ratio of 0.32 and a beta of 2.15.

Amerigo Resources (TSE:ARG) last issued its quarterly earnings results 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, research analysts anticipate that Amerigo Resources will post 0.2850394 EPS for the current fiscal year.

About Amerigo Resources

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.