Amerigo Resources Ltd. (ARG) To Go Ex-Dividend on December 17th

Amerigo Resources Ltd. (TSE:ARG) announced a quarterly dividend on Wednesday, December 17th, TickerTech Dividends reports. Investors of record on Thursday, January 15th will be given a dividend of 0.05 per share on Thursday, January 15th. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date is Wednesday, December 17th. This is a 25.0% increase from Amerigo Resources’s previous quarterly dividend of $0.04.

Amerigo Resources Stock Performance

ARG stock traded up C$0.09 during mid-day trading on Monday, hitting C$4.22. The company had a trading volume of 781,959 shares, compared to its average volume of 333,844. The firm has a market cap of C$694.15 million, a PE ratio of 32.46, a price-to-earnings-growth ratio of 0.32 and a beta of 1.80. The company has a debt-to-equity ratio of 14.04, a quick ratio of 0.91 and a current ratio of 0.91. Amerigo Resources has a 12 month low of C$1.56 and a 12 month high of C$4.30. The stock’s fifty day moving average price is C$3.22 and its two-hundred day moving average price is C$2.57.

Amerigo Resources (TSE:ARG) last released its earnings results on Wednesday, October 29th. The company reported C$0.04 earnings per share for the quarter. Amerigo Resources had a net margin of 8.12% and a return on equity of 19.29%. The firm had revenue of C$73.08 million during the quarter. On average, analysts forecast that Amerigo Resources will post 0.2850394 earnings per share for the current fiscal year.

About Amerigo Resources

Amerigo Resources Ltd is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary Minera Valle Central SA The group operates in one segment, the production of copper concentrates with the production of molybdenum concentrates as a by-product. The company geographically operates in Chile and Canada and earns most of its revenue from Chile.