Amerigo Resources Ltd. (TSE:ARG) Director Sells C$48,204.00 in Stock

Amerigo Resources Ltd. (TSE:ARG) Director Michael Luzich sold 30,900 shares of Amerigo Resources stock in a transaction dated Friday, June 14th. The shares were sold at an average price of C$1.56, for a total value of C$48,204.00.

Michael Luzich also recently made the following trade(s):

• On Friday, May 31st, Michael Luzich sold 63,700 shares of Amerigo Resources stock. The shares were sold at an average price of C$1.71, for a total transaction of C$108,927.00.
• On Friday, May 24th, Michael Luzich sold 2,900 shares of Amerigo Resources stock. The stock was sold at an average price of C$1.92, for a total transaction of C$5,568.00.

Amerigo Resources Stock Performance

ARG stock opened at C$1.53 on Monday. The stock has a market capitalization of C$253.06 million, a PE ratio of 64.67, a price-to-earnings-growth ratio of 0.44 and a beta of 3.25. The company has a debt-to-equity ratio of 17.97, a current ratio of 0.91 and a quick ratio of 0.91. The company has a 50 day moving average price of C$1.76 and a 200 day moving average price of C$1.50. Amerigo Resources Ltd. has a fifty-two week low of C$1.10 and a fifty-two week high of C$2.05.

Amerigo Resources (TSE:ARG) last issued its quarterly earnings results on Wednesday, May 8th. The company reported C$0.04 earnings per share (EPS) for the quarter. The business had revenue of C$60.56 million for the quarter. Amerigo Resources had a negative return on equity of 1.25% and a negative net margin of 0.96%. Analysts forecast that Amerigo Resources Ltd. will post 0.2187148 EPS for the current year.

Amerigo Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 20th. Stockholders of record on Thursday, June 20th will be given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 7.84%. The ex-dividend date of this dividend is Thursday, May 30th.

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.