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

Amerigo Resources logo with Basic Materials background

Shares of Amerigo Resources Ltd. (TSE:ARG - Get Free Report) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$1.75 and traded as high as C$1.89. Amerigo Resources shares last traded at C$1.88, with a volume of 28,289 shares.

Amerigo Resources Trading Up 0.5%

The company has a fifty day simple moving average of C$1.79 and a two-hundred day simple moving average of C$1.75. 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 stock has a market capitalization of C$213.05 million, a P/E ratio of 10.37, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11.

Amerigo Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 20th were issued a dividend of $0.03 per share. The ex-dividend date was Friday, May 30th. This represents a $0.12 annualized dividend and a yield of 6.49%. 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.

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