Amerigo Resources Ltd. (ARG) to Issue Quarterly Dividend of $0.04 on June 18th

Amerigo Resources Ltd. (TSE:ARGGet Free Report) announced a quarterly dividend on Friday, May 29th, TickerTech Dividends reports. Stockholders of record on Thursday, June 18th will be paid a dividend of 0.04 per share on Thursday, June 18th. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, May 29th.

Amerigo Resources Stock Performance

Shares of TSE ARG opened at C$6.69 on Wednesday. Amerigo Resources has a 1 year low of C$1.81 and a 1 year high of C$7.16. The firm has a market cap of C$1.08 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 0.32 and a beta of 2.11. The stock’s 50-day simple moving average is C$5.88 and its 200-day simple moving average is C$5.21.

Amerigo Resources (TSE:ARGGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported C$0.13 earnings per share for the quarter. Amerigo Resources had a return on equity of 42.44% and a net margin of 15.26%.The firm had revenue of C$91.99 million during the quarter. As a group, research analysts predict that Amerigo Resources will post 0.2850394 EPS for the current year.

Insider Buying and Selling at Amerigo Resources

In other Amerigo Resources news, insider Carmen Amezquita sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of C$6.41, for a total transaction of C$96,150.00. Following the completion of the sale, the insider owned 68,939 shares in the company, valued at C$441,898.99. This trade represents a 17.87% decrease in their position. Also, Director Christian Caceres sold 34,381 shares of the firm’s stock in a transaction that occurred on Thursday, March 26th. The shares were sold at an average price of C$4.81, for a total value of C$165,372.61. Following the sale, the director owned 89,200 shares of the company’s stock, valued at approximately C$429,052. This trade represents a 27.82% decrease in their position. Insiders sold a total of 176,581 shares of company stock worth $952,187 in the last 90 days. 12.95% of the stock is owned by corporate insiders.

About Amerigo Resources

(Get Free Report)

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.

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Dividend History for Amerigo Resources (TSE:ARG)

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