Amerigo Resources Ltd. (TSE:ARG – Get Free Report) insider Carmen Amezquita sold 25,000 shares of the company’s stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of C$7.05, for a total value of C$176,250.00. Following the completion of the transaction, the insider owned 83,939 shares of the company’s stock, valued at C$591,769.95. This trade represents a 22.95% decrease in their position.
Amerigo Resources Price Performance
Shares of Amerigo Resources stock traded up C$0.42 during trading hours on Wednesday, hitting C$7.13. 1,923,073 shares of the company’s stock traded hands, compared to its average volume of 1,075,933. Amerigo Resources Ltd. has a 12-month low of C$1.71 and a 12-month high of C$7.16. The stock has a market capitalization of C$1.15 billion, a price-to-earnings ratio of 25.46, a PEG ratio of 0.32 and a beta of 2.11. The company has a fifty day simple moving average of C$5.70 and a 200-day simple moving average of C$4.98.
Amerigo Resources (TSE:ARG – Get 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 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. On average, analysts forecast that Amerigo Resources Ltd. will post 0.2850394 EPS for the current fiscal year.
Amerigo Resources Announces Dividend
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.
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