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

Key Points

• Amerigo Resources Ltd. has declared a quarterly dividend of $0.03 per share, which translates to an annualized dividend of $0.12 and a yield of 5.19% for investors of record as of August 29th.
• The company's stock opened at C$2.31, with a market capitalization of C$266.03 million and a price-to-earnings ratio of 12.95.
• Amerigo Resources, through its subsidiary, produces and sells copper and molybdenum concentrates, primarily sourced from Codelco's El Teniente underground mine in Chile.

Amerigo Resources Ltd. (TSE:ARG - Get Free Report) declared a quarterly dividend on Friday, August 29th, RTT News reports. Shareholders of record on Friday, September 19th will be paid a dividend of 0.03 per share on Friday, September 19th. This represents a c) annualized dividend and a yield of 5.6%. The ex-dividend date is Friday, August 29th.

Amerigo Resources Stock Performance

Shares of TSE ARG remained flat at C$2.15 during midday trading on Friday. The stock had a trading volume of 290,879 shares, compared to its average volume of 266,734. 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 52-week low of C$1.52 and a 52-week high of C$2.44. The company's 50 day moving average is C$2.09 and its 200 day moving average is C$1.88. The company has a market capitalization of C$247.60 million, a P/E ratio of 12.05, a PEG ratio of 0.32 and a beta of 3.11.

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.