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

Amerigo Resources logo with Basic Materials background

Amerigo Resources Ltd. (OTCMKTS:ARREF - Get Free Report) declared a dividend on Saturday, May 24th, investing.com reports. Stockholders of record on Monday, June 2nd will be given a dividend of 0.0218 per share on Friday, June 20th. This represents a dividend yield of 6.59%. The ex-dividend date of this dividend is Friday, May 30th. This is a 4.1% increase from Amerigo Resources's previous dividend of $0.02.

Amerigo Resources Trading Up 2.1%

Shares of OTCMKTS ARREF traded up $0.03 on Tuesday, reaching $1.35. 47,939 shares of the company traded hands, compared to its average volume of 64,413. The company has a 50 day moving average of $1.26 and a 200 day moving average of $1.22. The stock has a market capitalization of $221.91 million, a PE ratio of 10.39, a P/E/G ratio of 0.30 and a beta of 1.88. Amerigo Resources has a fifty-two week low of $1.03 and a fifty-two week high of $1.46. The company has a current ratio of 0.91, a quick ratio of 0.80 and a debt-to-equity ratio of 0.06.

Amerigo Resources (OTCMKTS:ARREF - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). The business had revenue of $39.50 million for the quarter, compared to analyst estimates of $46.70 million. Amerigo Resources had a return on equity of 19.30% and a net margin of 11.23%. On average, equities research analysts forecast that Amerigo Resources will post 0.14 earnings per share for the current fiscal year.

About Amerigo Resources

(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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