Amerigo Resources Ltd. (OTCMKTS:ARREF - Get Free Report)'s stock price passed 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 trading hands.
Amerigo Resources Price 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 company has a market capitalization of $224.58 million, a PE ratio of 10.65, a P/E/G ratio of 0.30 and a beta of 1.91. The stock has a fifty day simple moving average of $1.28 and a 200-day simple moving average of $1.23.
Amerigo Resources (OTCMKTS:ARREF - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.04 by ($0.02). Amerigo Resources had a net margin of 11.23% and a return on equity of 19.30%. The firm had revenue of $39.50 million during the quarter, compared to analysts' expectations of $46.70 million. Equities analysts anticipate that Amerigo Resources Ltd. will post 0.14 earnings per share for the current year.
Amerigo Resources Increases Dividend
The company also recently announced a dividend, which will be paid on Friday, June 20th. Stockholders of record on Monday, June 2nd will be issued a $0.0218 dividend. This is an increase from Amerigo Resources's previous dividend of $0.02. This represents a dividend yield of 6.59%. The ex-dividend date is Friday, May 30th. Amerigo Resources's payout ratio is presently 66.67%.
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.
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