Amerigo Resources (TSE:ARG) Reaches New 1-Year High - Should You Buy?

Amerigo Resources Ltd. (TSE:ARG - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$2.34 and last traded at C$2.31, with a volume of 128944 shares traded. The stock had previously closed at C$2.28.

Amerigo Resources Price Performance

The company has a market capitalization of C$267.18 million, a PE ratio of 13.01, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 14.04. The firm's 50-day moving average is C$1.97 and its 200-day moving average is C$1.83.

Amerigo Resources Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 20th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 5.17%. The ex-dividend date was Friday, May 30th. Amerigo Resources's dividend payout ratio (DPR) is presently 67.27%.

Amerigo Resources Company Profile

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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