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Amerigo Resources (TSE:ARG) Stock Passes Above Two Hundred Day Moving Average - Here's What Happened

Amerigo Resources logo with Basic Materials background

Amerigo Resources Ltd. (TSE:ARG - Get Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$1.87 and traded as high as C$2.33. Amerigo Resources shares last traded at C$2.31, with a volume of 133,289 shares.

Amerigo Resources Stock Performance

The stock has a market cap of C$247.60 million, a PE ratio of 12.05, a PEG ratio of 0.32 and a beta of 3.11. The stock has a fifty day simple moving average of C$2.08 and a two-hundred day simple moving average of C$1.88. The company has a debt-to-equity ratio of 14.04, a quick ratio of 0.91 and a current ratio of 0.91.

Amerigo Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, September 19th will be given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Friday, August 29th. Amerigo Resources's dividend payout ratio is presently 67.27%.

Amerigo Resources Company Profile

(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.

Further Reading

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