Amerigo Resources (TSE:ARG) Stock Price Passes Above 200 Day Moving Average of $1.35

Shares of Amerigo Resources Ltd. (TSE:ARG) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.35 and traded as high as C$1.71. Amerigo Resources shares last traded at C$1.68, with a volume of 68,053 shares trading hands.

Amerigo Resources Price Performance

The stock’s fifty day moving average price is C$1.47 and its 200-day moving average price is C$1.35. The company has a debt-to-equity ratio of 19.75, a current ratio of 0.75 and a quick ratio of 0.91. The firm has a market cap of C$276.93 million, a price-to-earnings ratio of 56.00, a price-to-earnings-growth ratio of 0.39 and a beta of 3.29.

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

Amerigo Resources Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Wednesday, March 6th were issued a dividend of $0.03 per share. The ex-dividend date of this dividend was Tuesday, March 5th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 7.14%. Amerigo Resources’s dividend payout ratio is currently 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.