Amerigo Resources Ltd. (TSE:ARG – Get Free Report) insider Kimberly Thomas sold 8,000 shares of Amerigo Resources stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of C$7.07, for a total value of C$56,560.00. Following the transaction, 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.
Amerigo Resources Trading Up 6.3%
ARG stock opened at C$7.13 on Thursday. The business’s 50-day moving average price is C$5.70 and its two-hundred day moving average price is C$4.98. The firm has a market cap of C$1.15 billion, a PE ratio of 25.46, a P/E/G ratio of 0.32 and a beta of 2.11. Amerigo Resources Ltd. has a 1-year low of C$1.71 and a 1-year high of C$7.16.
Amerigo Resources (TSE:ARG – Get Free Report) last posted its earnings results on Wednesday, April 29th. The company reported C$0.13 earnings per share for the quarter. The firm had revenue of C$91.99 million for the quarter. Amerigo Resources had a return on equity of 42.44% and a net margin of 15.26%. On average, analysts forecast that Amerigo Resources Ltd. will post 0.2850394 earnings per share for the current year.
Amerigo Resources Announces Dividend
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.
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