Amerigo Resources (TSE:ARG) Issues Earnings Results

Amerigo Resources (TSE:ARG) posted its earnings results on Wednesday. The company reported C$0.14 EPS for the quarter, FiscalAI reports. The company had revenue of C$106.61 million during the quarter. Amerigo Resources had a net margin of 8.12% and a return on equity of 19.29%.

Amerigo Resources Stock Performance

Amerigo Resources stock traded down C$0.23 during trading hours on Thursday, reaching C$6.20. 191,461 shares of the company were exchanged, compared to its average volume of 1,146,513. Amerigo Resources has a 12 month low of C$1.57 and a 12 month high of C$6.59. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 14.04. The stock has a 50-day moving average of C$5.38 and a 200 day moving average of C$3.75. The firm has a market cap of C$1.02 billion, a price-to-earnings ratio of 47.69, a PEG ratio of 0.32 and a beta of 2.04.

Amerigo Resources Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, January 15th. Shareholders of record on Thursday, January 15th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Wednesday, December 17th. This is an increase from Amerigo Resources’s previous quarterly dividend of $0.04. This represents a $0.20 dividend on an annualized basis and a yield of 3.2%. Amerigo Resources’s dividend payout ratio (DPR) is currently 66.01%.

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.