Nauman (Nick) Toor Buys 79,000 Shares of Amerigo Resources LTD (ARG) Stock

Amerigo Resources LTD (TSE:ARG) insider Nauman (Nick) Toor bought 79,000 shares of the company’s stock in a transaction that occurred on Friday, May 19th. The stock was purchased at an average cost of C$0.59 per share, for a total transaction of C$46,610.00.

Nauman (Nick) Toor also recently made the following trade(s):

  • On Monday, May 15th, Nauman (Nick) Toor bought 100,000 shares of Amerigo Resources LTD stock. The stock was purchased at an average cost of C$0.60 per share, for a total transaction of C$60,000.00.
  • On Tuesday, May 16th, Nauman (Nick) Toor bought 94,000 shares of Amerigo Resources LTD stock. The stock was purchased at an average cost of C$0.60 per share, for a total transaction of C$56,400.00.
  • On Wednesday, May 17th, Nauman (Nick) Toor bought 44,500 shares of Amerigo Resources LTD stock. The stock was purchased at an average cost of C$0.59 per share, for a total transaction of C$26,255.00.
  • On Tuesday, May 9th, Nauman (Nick) Toor bought 335,000 shares of Amerigo Resources LTD stock. The stock was purchased at an average cost of C$0.60 per share, for a total transaction of C$201,000.00.
  • On Wednesday, May 10th, Nauman (Nick) Toor bought 94,000 shares of Amerigo Resources LTD stock. The stock was purchased at an average cost of C$0.59 per share, for a total transaction of C$55,460.00.
  • On Friday, May 5th, Nauman (Nick) Toor bought 71,500 shares of Amerigo Resources LTD stock. The stock was purchased at an average cost of C$0.61 per share, for a total transaction of C$43,615.00.

Shares of Amerigo Resources LTD (TSE:ARG) remained flat at $0.59 during midday trading on Friday. 125,400 shares of the company were exchanged. The firm’s market capitalization is $103.51 million. Amerigo Resources LTD has a 52-week low of $0.12 and a 52-week high of $0.83. The firm’s 50-day moving average is $0.63 and its 200 day moving average is $0.47.

Insider Buying and Selling by Quarter for Amerigo Resources LTD (TSE:ARG)

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Separately, Fundamental Research reissued a “top pick” rating and issued a C$0.90 target price on shares of Amerigo Resources LTD in a research report on Thursday, February 23rd.

About Amerigo Resources LTD

Amerigo Resources Ltd. is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary Minera Valle Central SA (MVC), pursuant to a long-term contractual relationship with the El Teniente Division (DET) of Corporacion Nacional del Cobre de Chile (Codelco).

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