Free Trial

Amerigo Resources (TSE:ARG) Shares Pass Above 200-Day Moving Average - Should You Sell?

Amerigo Resources logo with Basic Materials background

Amerigo Resources Ltd. (TSE:ARG - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$1.73 and traded as high as C$1.74. Amerigo Resources shares last traded at C$1.72, with a volume of 174,218 shares trading hands.

Amerigo Resources Price Performance

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 stock has a market capitalization of C$201.53 million, a P/E ratio of 9.81, a P/E/G ratio of 0.32 and a beta of 3.11. The firm has a fifty day moving average of C$1.77 and a two-hundred day moving average of C$1.73.

Amerigo Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 6.86%. Amerigo Resources's dividend payout ratio (DPR) is currently 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

Should You Invest $1,000 in Amerigo Resources Right Now?

Before you consider Amerigo Resources, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amerigo Resources wasn't on the list.

While Amerigo Resources currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir at All-Time Highs: Take Profits or Hold the Line?
3 Tech Stocks Insiders Are Buying: Speculative Plays for June
3 Defense Stocks Set to Crush the S&P This Summer

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines