Amerigo Resources Ltd. (TSE:ARG) to Issue Quarterly Dividend of $0.03

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Monday, October 28th,Zacks Dividends reports. Stockholders of record on Friday, November 29th will be given a dividend of 0.03 per share on Friday, December 20th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 7.02%. The ex-dividend date of this dividend is Friday, November 29th.

Amerigo Resources Price Performance

Shares of TSE ARG remained flat at C$1.71 during trading on Wednesday. 73,602 shares of the stock were exchanged, compared to its average volume of 228,424. The business’s fifty day moving average price is C$1.74 and its 200-day moving average price is C$1.70. Amerigo Resources has a twelve month low of C$1.22 and a twelve month high of C$2.05. The company has a quick ratio of 0.91, a current ratio of 0.97 and a debt-to-equity ratio of 12.87. The company has a market cap of C$283.79 million, a P/E ratio of 17.30, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11.

Amerigo Resources (TSE:ARG) last posted its earnings results on Wednesday, October 30th. The company reported C$0.02 EPS for the quarter. Amerigo Resources had a net margin of 7.16% and a return on equity of 10.75%. The business had revenue of C$61.99 million for the quarter. As a group, sell-side analysts expect that Amerigo Resources will post 0.2850394 earnings per share for the current fiscal year.

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.