Carmen Amezquita Sells 25,000 Shares of Amerigo Resources (TSE:ARG) Stock

Amerigo Resources Ltd. (TSE:ARGGet 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: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 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

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 18th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.16 annualized dividend and a dividend yield of 2.2%. Amerigo Resources’s dividend payout ratio (DPR) is currently 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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