Amerigo Resources (TSE:ARG) Shares Pass Above 200 Day Moving Average of $1.38

Amerigo Resources Ltd. (TSE:ARG)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.38 and traded as high as C$1.79. Amerigo Resources shares last traded at C$1.78, with a volume of 474,646 shares.

Amerigo Resources Price Performance

The stock’s 50 day moving average price is C$1.55 and its two-hundred day moving average price is C$1.38. 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 capitalization of C$293.42 million, a price-to-earnings ratio of 59.33, a PEG ratio of 0.40 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 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 during the quarter. On average, equities research analysts anticipate that Amerigo Resources Ltd. will post 0.2176101 EPS for the current year.

Amerigo Resources Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Wednesday, March 6th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 6.74%. The ex-dividend date was Tuesday, March 5th. Amerigo Resources’s dividend payout ratio (DPR) 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.