Amerigo Resources Ltd. to Issue Quarterly Dividend of $0.03 (TSE:ARG)

Amerigo Resources Ltd. (TSE:ARG) announced a quarterly dividend on Thursday, March 6th, RTT News reports. Shareholders of record on Thursday, March 20th will be paid a dividend of 0.03 per share on Thursday, March 20th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 6.63%. The ex-dividend date is Thursday, March 6th.

Amerigo Resources Price Performance

ARG stock opened at C$1.81 on Tuesday. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 14.04. Amerigo Resources has a fifty-two week low of C$1.26 and a fifty-two week high of C$2.05. The firm’s 50-day simple moving average is C$1.70 and its 200 day simple moving average is C$1.70. The stock has a market cap of C$208.44 million, a PE ratio of 10.15, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11.

Wall Street Analyst Weigh In

Separately, Atrium Research raised shares of Amerigo Resources to a “strong-buy” rating in a research note on Wednesday, January 15th.

Amerigo Resources Company Profile

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.