Amerigo Resources (TSE:ARG) Insider Carmen Amezquita Sells 15,000 Shares

Amerigo Resources Ltd. (TSE:ARGGet Free Report) insider Carmen Amezquita sold 15,000 shares of the company’s stock in a transaction 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 transaction, the insider owned 68,939 shares of the company’s stock, valued at C$441,898.99. This trade represents a 17.87% decrease in their ownership of the stock.

Carmen Amezquita also recently made the following trade(s):

  • On Friday, May 22nd, Carmen Amezquita sold 5,000 shares of Amerigo Resources stock. The stock was sold at an average price of C$6.35, for a total transaction of C$31,750.00.
  • On Wednesday, May 13th, Carmen Amezquita sold 25,000 shares of Amerigo Resources stock. The stock was sold at an average price of C$7.05, for a total transaction of C$176,250.00.

Amerigo Resources Stock Up 4.0%

TSE:ARG traded up C$0.26 during midday trading on Monday, hitting C$6.74. The company had a trading volume of 315,007 shares, compared to its average volume of 1,048,036. Amerigo Resources Ltd. has a 52-week low of C$1.81 and a 52-week high of C$7.16. The stock’s fifty day moving average price is C$5.83 and its 200-day moving average price is C$5.16. The company has a market capitalization of C$1.09 billion, a PE ratio of 24.07, a P/E/G ratio of 0.32 and a beta of 2.11.

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

Amerigo Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Investors of record on Thursday, June 18th will be given a $0.04 dividend. The ex-dividend date is Friday, May 29th. This represents a $0.16 annualized dividend and a yield of 2.4%. Amerigo Resources’s payout ratio is 49.30%.

Amerigo Resources Company Profile

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

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