Amerigo Resources Ltd. (OTCMKTS:ARREF) Declares Dividend of $0.02

Amerigo Resources Ltd. (OTCMKTS:ARREF) announced a dividend on Thursday, May 23rd, investing.com reports. Stockholders of record on Friday, May 31st will be given a dividend of 0.0219 per share on Thursday, June 20th. This represents a dividend yield of 5.85%. The ex-dividend date is Thursday, May 30th.

Amerigo Resources Stock Performance

ARREF opened at $1.41 on Thursday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 0.60 and a current ratio of 0.75. Amerigo Resources has a fifty-two week low of $0.80 and a fifty-two week high of $1.52. The firm has a 50-day moving average of $1.23 and a 200 day moving average of $1.06.

Amerigo Resources (OTCMKTS:ARREF) last released its earnings results on Wednesday, May 8th. The company reported $0.03 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.03. The firm had revenue of $44.92 million during the quarter, compared to the consensus estimate of $47.71 million. Amerigo Resources had a negative net margin of 0.96% and a negative return on equity of 1.32%. As a group, sell-side analysts forecast that Amerigo Resources will post 0.16 EPS for the current fiscal year.

About Amerigo Resources

Amerigo Resources Ltd., through its subsidiary, Minera Valle Central SA, engages in the production and sale of copper and molybdenum concentrates from Codelco's El Teniente underground mine in Chile. The company was formerly known as Golden Temple Mining Corp. and changed its name to Amerigo Resources Ltd.