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

Amerigo Resources Ltd. (TSE:ARG) announced a quarterly dividend on Monday, October 28th,Zacks Dividends reports. Shareholders of record on Friday, November 29th will be paid 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 6.94%. The ex-dividend date of this dividend is Friday, November 29th.

Amerigo Resources Stock Performance

Shares of ARG traded up C$0.02 during trading hours on Wednesday, reaching C$1.73. 49,702 shares of the company traded hands, compared to its average volume of 228,314. The company has a debt-to-equity ratio of 12.87, a quick ratio of 0.91 and a current ratio of 0.97. The stock’s fifty day moving average is C$1.74 and its 200 day moving average is C$1.70. Amerigo Resources has a 1-year low of C$1.22 and a 1-year high of C$2.05. The stock has a market cap of C$287.11 million, a P/E ratio of 17.10, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11.

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

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.