Amerigo Resources Ltd. (TSE:ARG) Increases Dividend to $0.05 Per Share

Amerigo Resources Ltd. (TSE:ARG) announced a quarterly dividend on Wednesday, December 17th, TickerTech Dividends reports. Stockholders of record on Thursday, January 15th will be given a dividend of 0.05 per share on Thursday, January 15th. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date is Wednesday, December 17th. This is a 25.0% increase from Amerigo Resources’s previous quarterly dividend of $0.04.

Amerigo Resources Stock Up 2.2%

Shares of TSE ARG traded up C$0.09 during midday trading on Monday, hitting C$4.22. 781,959 shares of the stock traded hands, compared to its average volume of 333,844. Amerigo Resources has a one year low of C$1.56 and a one year high of C$4.30. The company has a market cap of C$694.15 million, a PE ratio of 32.46, a P/E/G ratio of 0.32 and a beta of 1.80. The business has a 50 day moving average price of C$3.22 and a two-hundred day moving average price of C$2.57. The company has a debt-to-equity ratio of 14.04, a quick ratio of 0.91 and a current ratio of 0.91.

Amerigo Resources (TSE:ARG) last announced its earnings results on Wednesday, October 29th. The company reported C$0.04 EPS for the quarter. Amerigo Resources had a net margin of 8.12% and a return on equity of 19.29%. The company had revenue of C$73.08 million during the quarter. On average, equities analysts predict that Amerigo Resources will post 0.2850394 EPS for the current year.

Amerigo Resources Company Profile

Amerigo Resources Ltd is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary Minera Valle Central SA The group operates in one segment, the production of copper concentrates with the production of molybdenum concentrates as a by-product. The company geographically operates in Chile and Canada and earns most of its revenue from Chile.