Amerigo Resources (TSE:ARG) Shares Pass Above Two Hundred Day Moving Average of $1.33

Amerigo Resources Ltd. (TSE:ARG) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$1.33 and traded as high as C$1.72. Amerigo Resources shares last traded at C$1.72, with a volume of 352,784 shares trading hands.

Amerigo Resources Price Performance

The company has a debt-to-equity ratio of 19.75, a quick ratio of 0.91 and a current ratio of 0.75. The company has a 50-day moving average of C$1.42 and a 200-day moving average of C$1.33. The firm has a market capitalization of C$283.52 million, a price-to-earnings ratio of 57.33, a price-to-earnings-growth ratio of 0.39 and a beta of 3.29.

Amerigo Resources (TSE:ARG) last issued its quarterly earnings data on Wednesday, February 21st. The company reported C$0.03 earnings per share (EPS) for the quarter. Amerigo Resources had a return on equity of 3.03% and a net margin of 2.15%. The business had revenue of C$57.79 million during the quarter. As a group, research analysts anticipate that Amerigo Resources Ltd. will post 0.2170543 EPS for the current fiscal year.

Amerigo Resources Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Wednesday, March 6th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 6.98%. The ex-dividend date was Tuesday, March 5th. Amerigo Resources’s payout ratio is 400.00%.

About Amerigo Resources

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.