Amerigo Resources Ltd. Declares Quarterly Dividend of $0.03 (TSE:ARG)

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Wednesday, February 26th, RTT News reports. Stockholders of record on Thursday, March 6th will be given a dividend of 0.03 per share on Thursday, March 20th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 6.38%.

Amerigo Resources Stock Performance

TSE:ARG traded up C$0.10 during mid-day trading on Wednesday, reaching C$1.88. The stock had a trading volume of 202,786 shares, compared to its average volume of 265,816. The firm has a market capitalization of C$216.51 million, a price-to-earnings ratio of 10.54, a PEG ratio of 0.32 and a beta of 3.11. The business has a 50 day simple moving average of C$1.68 and a 200 day simple moving average of C$1.69. Amerigo Resources has a twelve month low of C$1.26 and a twelve month high of C$2.05. The company has a debt-to-equity ratio of 14.04, a quick ratio of 0.91 and a current ratio of 0.91.

Analyst Upgrades and Downgrades

Separately, Atrium Research raised Amerigo Resources to a “strong-buy” rating in a research note on Wednesday, January 15th.

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.