Shares of Amerigo Resources Ltd. (TSE:ARG - Get Free Report) passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$1.73 and traded as high as C$1.73. Amerigo Resources shares last traded at C$1.71, with a volume of 197,119 shares traded.
Analyst Ratings Changes
Separately, Atrium Research raised Amerigo Resources to a "strong-buy" rating in a report on Wednesday, January 15th.
Check Out Our Latest Analysis on Amerigo Resources
Amerigo Resources Price Performance
The firm has a market capitalization of C$198.08 million, a price-to-earnings ratio of 9.64, 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 company's fifty day moving average is C$1.79 and its two-hundred day moving average is C$1.73.
Amerigo Resources Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 20th. Stockholders of record on Friday, May 30th will be given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 6.98%. Amerigo Resources's dividend payout ratio is currently 67.27%.
Amerigo Resources Company Profile
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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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