Amerigo Resources Ltd. (TSE:ARG – Get Free Report) insider Carmen Amezquita sold 25,000 shares of the company’s stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of C$6.93, for a total value of C$173,250.00. Following the completion of the sale, the insider owned 8,939 shares in the company, valued at C$61,947.27. This represents a 73.66% decrease in their position.
Carmen Amezquita also recently made the following trade(s):
- On Tuesday, May 26th, Carmen Amezquita sold 25,000 shares of Amerigo Resources stock. The stock was sold at an average price of C$6.77, for a total value of C$169,250.00.
- On Friday, May 22nd, Carmen Amezquita sold 15,000 shares of Amerigo Resources stock. The stock was sold at an average price of C$6.41, for a total value of C$96,150.00.
- 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 value 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 value of C$176,250.00.
Amerigo Resources Stock Down 5.3%
Shares of ARG stock traded down C$0.39 during trading hours on Wednesday, reaching C$6.96. The company’s stock had a trading volume of 397,360 shares, compared to its average volume of 1,023,602. The firm’s 50 day simple moving average is C$6.01 and its 200-day simple moving average is C$5.31. The company has a market capitalization of C$1.13 billion, a price-to-earnings ratio of 24.86, a PEG ratio of 0.32 and a beta of 2.11. Amerigo Resources Ltd. has a fifty-two week low of C$1.82 and a fifty-two week high of C$7.39.
Amerigo Resources Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 18th will be paid a $0.04 dividend. The ex-dividend date is Friday, May 29th. This represents a $0.16 annualized dividend and a dividend yield of 2.3%. Amerigo Resources’s dividend payout ratio (DPR) is currently 49.30%.
About Amerigo Resources
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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