Amerigo Resources Ltd. (TSE:ARG) Senior Officer Thomas Kimberly Sells 7,300 Shares

Amerigo Resources Ltd. (TSE:ARG – Get Rating) Senior Officer Thomas Kimberly sold 7,300 shares of Amerigo Resources stock in a transaction on Thursday, May 12th. The stock was sold at an average price of C$1.50, for a total transaction of C$10,950.00. Following the transaction, the insider now owns 12,879 shares in the company, valued at approximately C$19,318.50.

Shares of Amerigo Resources stock opened at C$1.65 on Tuesday. The company’s fifty day simple moving average is C$1.75 and its 200-day simple moving average is C$1.58. The stock has a market capitalization of C$284.17 million and a PE ratio of 5.79. Amerigo Resources Ltd. has a 1-year low of C$1.10 and a 1-year high of C$2.01. The company has a debt-to-equity ratio of 24.55, a current ratio of 1.42 and a quick ratio of 1.26.

Amerigo Resources (TSE:ARG – Get Rating) last released its earnings results on Thursday, February 24th. The company reported C$0.06 earnings per share for the quarter. The firm had revenue of C$65.56 million for the quarter. As a group, research analysts anticipate that Amerigo Resources Ltd. will post 0.23 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Monday, June 20th. Investors of record on Monday, May 30th will be paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 7.27%. The ex-dividend date is Friday, May 27th. Amerigo Resources’s dividend payout ratio (DPR) is 5.51%.

About Amerigo Resources (Get Rating)

Amerigo Resources Ltd., through its subsidiary, Minera Valle Central SA, produces and sells 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. in March 2002.

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