Amerigo Resources Ltd. (TSE:ARG) to Issue $0.03 Quarterly Dividend

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Monday, October 28th,Zacks Dividends reports. Investors of record on Friday, November 29th will be given a dividend of 0.03 per share on Friday, December 20th. This represents a $0.12 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date is Friday, November 29th.

Amerigo Resources Stock Performance

TSE ARG opened at C$1.71 on Thursday. The company has a debt-to-equity ratio of 12.87, a quick ratio of 0.91 and a current ratio of 0.97. Amerigo Resources has a fifty-two week low of C$1.22 and a fifty-two week high of C$2.05. The stock has a 50-day simple moving average of C$1.74 and a two-hundred day simple moving average of C$1.70. The firm has a market capitalization of C$283.79 million, a P/E ratio of 17.30, a PEG ratio of 0.32 and a beta of 3.11.

Amerigo Resources (TSE:ARG) last released its quarterly earnings data on Wednesday, October 30th. The company reported C$0.02 earnings per share for the quarter. Amerigo Resources had a net margin of 7.16% and a return on equity of 10.75%. The company had revenue of C$61.99 million during the quarter. On average, equities analysts forecast that Amerigo Resources will post 0.2850394 earnings per share for the current year.

Amerigo Resources Company Profile

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.