Amerigo Resources Ltd. (TSE:ARG) Increases Dividend to $0.04 Per Share

Amerigo Resources Ltd. (TSE:ARG) announced a quarterly dividend on Friday, November 28th, TickerTech Dividends reports. Stockholders of record on Friday, December 19th will be given a dividend of 0.04 per share on Friday, December 19th. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Friday, November 28th. This is a 33.3% increase from Amerigo Resources’s previous quarterly dividend of $0.03.

Amerigo Resources Stock Up 5.4%

ARG stock traded up C$0.18 during midday trading on Wednesday, hitting C$3.52. The company’s stock had a trading volume of 59,833 shares, compared to its average volume of 311,661. The firm’s 50-day moving average is C$2.89 and its 200-day moving average is C$2.38. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 14.04. Amerigo Resources has a 12 month low of C$1.56 and a 12 month high of C$3.52. The company has a market cap of C$568.45 million, a PE ratio of 27.08, a P/E/G ratio of 0.32 and a beta of 1.90.

Amerigo Resources (TSE:ARG) last announced its quarterly earnings results on Wednesday, October 29th. The company reported C$0.04 earnings per share (EPS) for the quarter. Amerigo Resources had a return on equity of 19.29% and a net margin of 8.12%.The firm had revenue of C$73.08 million for the quarter. On average, equities research analysts forecast that Amerigo Resources will post 0.2850394 earnings per share for the current fiscal year.

Amerigo Resources Company Profile

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.