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Amerigo Resources Ltd. Plans Dividend of $0.02 (OTCMKTS:ARREF)

Amerigo Resources logo with Basic Materials background

Key Points

  • Amerigo Resources Ltd. has announced a dividend of $0.0217 per share, scheduled for September 19th, with an ex-dividend date set for August 29th.
  • The dividend represents an impressive yield of 569.0% based on the company's current share price.
  • For the last quarter, Amerigo Resources reported $50.85 million in revenue and earnings per share (EPS) of $0.05, meeting analyst expectations.
  • Want stock alerts on Amerigo Resources? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Amerigo Resources Ltd. (OTCMKTS:ARREF - Get Free Report) announced a dividend on Saturday, August 23rd, investing.com reports. Investors of record on Monday, September 1st will be given a dividend of 0.0217 per share on Friday, September 19th. This represents a dividend yield of 569.0%. The ex-dividend date of this dividend is Friday, August 29th.

Amerigo Resources Stock Performance

Shares of OTCMKTS:ARREF traded down $0.04 during mid-day trading on Wednesday, reaching $1.64. The company had a trading volume of 31,050 shares, compared to its average volume of 92,033. The company has a current ratio of 0.91, a quick ratio of 0.77 and a debt-to-equity ratio of 0.03. The firm has a market cap of $265.49 million, a price-to-earnings ratio of 14.95, a PEG ratio of 0.40 and a beta of 1.80. The company's 50-day moving average price is $1.59 and its 200-day moving average price is $1.39. Amerigo Resources has a one year low of $1.08 and a one year high of $1.81.

Amerigo Resources (OTCMKTS:ARREF - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.05 EPS for the quarter, hitting analysts' consensus estimates of $0.05. The company had revenue of $50.85 million for the quarter, compared to analysts' expectations of $49.40 million. Amerigo Resources had a net margin of 8.74% and a return on equity of 15.93%. As a group, equities research analysts anticipate that Amerigo Resources will post 0.14 EPS for the current fiscal year.

Amerigo Resources Company Profile

(Get Free Report)

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.

See Also

Dividend History for Amerigo Resources (OTCMKTS:ARREF)

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