Amerigo Resources Ltd. (OTCMKTS:ARREF - Get Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.26 and traded as high as $1.39. Amerigo Resources shares last traded at $1.39, with a volume of 8,658 shares.
Amerigo Resources Stock Performance
The company has a current ratio of 0.91, a quick ratio of 0.80 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $227.18 million, a PE ratio of 10.78, a PEG ratio of 0.30 and a beta of 1.91. The firm's 50-day simple moving average is $1.27 and its two-hundred day simple moving average is $1.23.
Amerigo Resources (OTCMKTS:ARREF - Get Free Report) last issued 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 company had revenue of $39.50 million for the quarter, compared to analyst estimates of $46.70 million. Amerigo Resources had a net margin of 11.23% and a return on equity of 19.30%. On average, equities research analysts expect that Amerigo Resources Ltd. will post 0.14 earnings per share for the current fiscal year.
Amerigo Resources Increases Dividend
The business also recently announced a dividend, which will be paid on Friday, June 20th. Shareholders of record on Monday, June 2nd will be paid a dividend of $0.0218 per share. The ex-dividend date of this dividend is Friday, May 30th. This represents a dividend yield of 6.59%. This is a positive change from Amerigo Resources's previous dividend of $0.02. Amerigo Resources's dividend payout ratio (DPR) is 66.67%.
Amerigo Resources Company Profile
(
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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.
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