Amerigo Resources Ltd. (OTCMKTS:ARREF) Declares $0.02 Dividend

Amerigo Resources Ltd. (OTCMKTS:ARREF) announced a dividend on Saturday, March 1st, investing.com reports. Shareholders of record on Friday, March 7th will be given a dividend of 0.0209 per share on Thursday, March 20th. This represents a yield of 6.75%. The ex-dividend date is Thursday, March 6th.

Amerigo Resources Price Performance

Shares of Amerigo Resources stock traded down $0.03 during trading on Friday, reaching $1.24. 106,432 shares of the stock traded hands, compared to its average volume of 53,219. Amerigo Resources has a 52-week low of $0.93 and a 52-week high of $1.52. The business has a fifty day simple moving average of $1.18 and a two-hundred day simple moving average of $1.21. The company has a market capitalization of $204.21 million, a price-to-earnings ratio of 9.54, a P/E/G ratio of 0.30 and a beta of 3.04. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.91 and a quick ratio of 0.80.

Amerigo Resources (OTCMKTS:ARREF) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.02). Amerigo Resources had a net margin of 11.23% and a return on equity of 19.30%. The firm had revenue of $50.80 million during the quarter, compared to analyst estimates of $53.20 million. Sell-side analysts expect that Amerigo Resources will post 0.14 EPS for the current year.

About Amerigo Resources

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.