Amerigo Resources Ltd. (ARREF) to Issue Dividend of $0.02 on March 20th

Amerigo Resources Ltd. (OTCMKTS:ARREF) declared a dividend on Saturday, March 1st, investing.com reports. Shareholders of record on Friday, March 7th will be paid a dividend of 0.0209 per share on Thursday, March 20th. This represents a yield of 6.75%. The ex-dividend date is Thursday, March 6th.

Amerigo Resources Price Performance

Amerigo Resources stock opened at $1.24 on Tuesday. The firm has a market capitalization of $204.21 million, a PE ratio of 9.54, a P/E/G ratio of 0.30 and a beta of 3.04. The company has a quick ratio of 0.80, a current ratio of 0.91 and a debt-to-equity ratio of 0.06. The firm’s 50-day simple moving average is $1.18 and its 200 day simple moving average is $1.21. Amerigo Resources has a 52 week low of $0.93 and a 52 week high of $1.52.

Amerigo Resources (OTCMKTS:ARREF) last released its earnings results on Wednesday, February 26th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). The firm had revenue of $50.80 million during the quarter, compared to analysts’ expectations of $53.20 million. Amerigo Resources had a net margin of 11.23% and a return on equity of 19.30%. On average, equities research analysts predict that Amerigo Resources will post 0.14 EPS for the current fiscal year.

About Amerigo Resources

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.