Amerigo Resources (TSE:ARG) Stock Price Passes Above Two Hundred Day Moving Average of $1.25

Amerigo Resources Ltd. (TSE:ARGGet Rating)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.25 and traded as high as C$1.28. Amerigo Resources shares last traded at C$1.24, with a volume of 54,814 shares traded.

Amerigo Resources Stock Performance

The firm has a market capitalization of C$205.86 million and a P/E ratio of 11.27. The company has a debt-to-equity ratio of 23.93, a current ratio of 1.13 and a quick ratio of 0.91. The firm has a 50-day moving average price of C$1.05 and a two-hundred day moving average price of C$1.25.

Amerigo Resources Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 20th. Stockholders of record on Wednesday, November 30th will be paid a dividend of $0.03 per share. The ex-dividend date is Tuesday, November 29th. This represents a $0.12 annualized dividend and a dividend yield of 9.68%. Amerigo Resources’s dividend payout ratio is currently 78.02%.

About Amerigo Resources

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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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