Amerigo Resources Ltd. (TSE:ARG - Get Free Report) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.73 and traded as high as C$1.76. Amerigo Resources shares last traded at C$1.76, with a volume of 105,549 shares traded.
Analysts Set New Price Targets
Separately, Atrium Research raised shares of Amerigo Resources to a "strong-buy" rating in a research note on Wednesday, January 15th.
Get Our Latest Stock Analysis on ARG
Amerigo Resources Stock Performance
The stock has a market capitalization of C$196.93 million, a P/E ratio of 9.59, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 14.04. The company has a 50-day moving average price of C$1.80 and a two-hundred day moving average price of C$1.73.
Amerigo Resources Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were issued a $0.03 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.12 dividend on an annualized basis and a yield of 7.02%. Amerigo Resources's payout ratio 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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