Free Trial

Amerigo Resources (OTCMKTS:ARREF) Shares Pass Above 50 Day Moving Average - What's Next?

Amerigo Resources logo with Basic Materials background

Amerigo Resources Ltd. (OTCMKTS:ARREF - Get Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $1.27 and traded as high as $1.33. Amerigo Resources shares last traded at $1.29, with a volume of 71,462 shares changing hands.

Amerigo Resources Stock Performance

The company's fifty day simple moving average is $1.27 and its two-hundred day simple moving average is $1.23. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.80 and a current ratio of 0.91. The stock has a market capitalization of $183.07 million, a P/E ratio of 8.54, a PEG ratio of 0.30 and a beta of 2.55.

Amerigo Resources (OTCMKTS:ARREF - Get Free Report) last posted its earnings results on Wednesday, February 26th. The company reported $0.02 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.02). The firm had revenue of $50.80 million during the quarter, compared to analyst estimates of $53.20 million. Amerigo Resources had a net margin of 11.23% and a return on equity of 19.30%. As a group, equities analysts forecast that Amerigo Resources Ltd. will post 0.14 EPS for the current year.

Amerigo Resources Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, March 7th were issued a dividend of $0.0209 per share. This represents a dividend yield of 6.75%. The ex-dividend date was Thursday, March 6th. Amerigo Resources's dividend payout ratio is currently 61.54%.

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.

Recommended Stories

Should You Invest $1,000 in Amerigo Resources Right Now?

Before you consider Amerigo Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amerigo Resources wasn't on the list.

While Amerigo Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Buy Early: 3 Tech Trends With Millionaire-Making Potential
SMCI Stumbles on Earnings: Why Some Investors Still Want In
5 Stocks to BUY NOW in May 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines