Amerigo Resources (TSE:ARG) Stock Crosses Above 200-Day Moving Average - Time to Sell?

Amerigo Resources Ltd. (TSE:ARG - Get Free Report)'s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 changing hands.

Amerigo Resources Stock Performance

The company's fifty day simple moving average is C$1.79 and its 200 day simple moving average is C$1.75. 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 stock has a market capitalization of C$211.90 million, a P/E ratio of 10.31, a P/E/G ratio of 0.32 and a beta of 3.11.

Amerigo Resources Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 20th. Shareholders of record on Friday, June 20th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 6.52%. The ex-dividend date of this dividend was Friday, May 30th. Amerigo Resources's payout ratio is 67.27%.

Amerigo Resources Company Profile

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.