Free Trial

Amerigo Resources (TSE:ARG) Share Price Crosses Above Two Hundred Day Moving Average - What's Next?

Amerigo Resources logo with Basic Materials background

Amerigo Resources Ltd. (TSE:ARG - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.76 and traded as high as C$2.20. Amerigo Resources shares last traded at C$2.14, with a volume of 510,018 shares traded.

Amerigo Resources Price Performance

The stock has a 50-day simple moving average of C$1.84 and a 200 day simple moving average of C$1.77. The stock has a market capitalization of C$249.90 million, a P/E ratio of 12.16, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11. 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 was paid on Friday, June 20th. Stockholders of record on Friday, June 20th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 5.53%. The ex-dividend date of this dividend was Friday, May 30th. Amerigo Resources's dividend payout ratio (DPR) is presently 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.

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

These 7 Stocks Will Be Magnificent in 2025 Cover

Discover the next wave of investment opportunities with our report, 7 Stocks That Will Be Magnificent in 2025. Explore companies poised to replicate the growth, innovation, and value creation of the tech giants dominating today's markets.

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

Featured Articles and Offers

Recent Videos

Why Drone Stocks Are Skyrocketing Right Now!
Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters
This Strategy Beat the S&P—And Most Investors Ignore It

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines