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Amerigo Resources (TSE:ARG) Hits New 12-Month High - Should You Buy?

Amerigo Resources logo with Basic Materials background

Amerigo Resources Ltd. (TSE:ARG - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$2.30 and last traded at C$2.31, with a volume of 108486 shares traded. The stock had previously closed at C$2.29.

Amerigo Resources Trading Down 1.3%

The company has a debt-to-equity ratio of 14.04, a current ratio of 0.91 and a quick ratio of 0.91. The company has a fifty day moving average of C$1.88 and a 200-day moving average of C$1.79. The firm has a market capitalization of C$260.27 million, a PE ratio of 12.67, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11.

Amerigo Resources Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 20th were issued a dividend of $0.03 per share. The ex-dividend date was Friday, May 30th. This represents a $0.12 annualized dividend and a yield of 5.31%. Amerigo Resources's dividend payout ratio (DPR) is currently 67.27%.

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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