Amerigo Resources Ltd. (OTCMKTS:ARREF) Declares Dividend of $0.02

Amerigo Resources Ltd. (OTCMKTS:ARREFGet Rating) announced a dividend on Saturday, May 21st, reports. Stockholders of record on Friday, May 27th will be given a dividend of 0.0234 per share on Monday, June 20th. This represents a dividend yield of 7.14%. The ex-dividend date is Thursday, May 26th.

Amerigo Resources stock opened at $1.31 on Friday. Amerigo Resources has a 52-week low of $0.86 and a 52-week high of $1.66. The firm has a fifty day moving average of $1.37 and a 200-day moving average of $1.25. The firm has a market capitalization of $228.15 million, a P/E ratio of 5.24, a PEG ratio of 0.32 and a beta of 2.99. The company has a quick ratio of 1.29, a current ratio of 1.42 and a debt-to-equity ratio of 0.18.

Amerigo Resources (OTCMKTS:ARREFGet Rating) last released its quarterly earnings data on Thursday, February 24th. The company reported $0.05 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.01). The business had revenue of $52.00 million during the quarter, compared to analyst estimates of $52.90 million. Amerigo Resources had a return on equity of 32.29% and a net margin of 21.72%. On average, research analysts expect that Amerigo Resources will post 0.17 EPS for the current fiscal year.

Separately, Zacks Investment Research upgraded shares of Amerigo Resources from a “hold” rating to a “buy” rating and set a $1.50 target price for the company in a research note on Thursday, April 14th.

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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