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

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Monday, October 28th,Zacks Dividends reports. Investors 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 dividend yield of 7.02%. The ex-dividend date of this dividend is Friday, November 29th.

Amerigo Resources Stock Performance

Shares of TSE ARG remained flat at C$1.71 during mid-day trading on Wednesday. The company had a trading volume of 66,102 shares, compared to its average volume of 228,334. The company has a debt-to-equity ratio of 12.87, a quick ratio of 0.91 and a current ratio of 0.97. Amerigo Resources has a 52 week low of C$1.22 and a 52 week high of C$2.05. The firm has a market cap of C$283.79 million, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11. The company has a 50 day moving average price of C$1.74 and a 200-day moving average price of C$1.70.

Amerigo Resources (TSE:ARG) last released its earnings results on Wednesday, October 30th. The company reported C$0.02 earnings per share (EPS) for the quarter. The firm 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%. On average, sell-side analysts anticipate that Amerigo Resources will post 0.2850394 EPS for the current 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.