Amerigo Resources Ltd. (TSE:ARG) Declares $0.04 Quarterly Dividend

Amerigo Resources Ltd. (TSE:ARG) announced a quarterly dividend on Friday, August 28th, TickerTech Dividends reports. Investors of record on Friday, September 18th will be paid a dividend of 0.04 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Friday, August 28th.

Amerigo Resources Stock Performance

ARG stock opened at C$8.69 on Wednesday. The company has a 50 day moving average price of C$7.13 and a two-hundred day moving average price of C$6.37. The stock has a market capitalization of C$1.40 billion, a P/E ratio of 25.56, a PEG ratio of 0.32 and a beta of 2.16. Amerigo Resources has a one year low of C$2.20 and a one year high of C$8.77.

Amerigo Resources (TSE:ARG) last issued its quarterly earnings results on Wednesday, July 29th. The company reported C$0.16 earnings per share for the quarter. The company had revenue of C$109.93 million for the quarter. Amerigo Resources had a return on equity of 50.54% and a net margin of 18.55%. Research analysts forecast that Amerigo Resources will post 0.2850394 earnings per share for the current fiscal year.

About Amerigo Resources

Amerigo is an innovative copper producer with a long-term relationship, through its fully-owned subsidiary Minera Valle Central (‘MVC’), with Corporación Nacional del Cobre de Chile (‘Codelco’), the world’s largest copper producer. Amerigo produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation in Chile by processing fresh and historic tailings from Codelco’s El Teniente mine, the world’s largest underground copper mine.