Amerigo Resources Ltd. (ARG) to Issue Quarterly Dividend of $0.03 on March 20th

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Thursday, March 6th, RTT News reports. Investors of record on Thursday, March 20th will be paid a dividend of 0.03 per share on Thursday, March 20th. This represents a $0.12 annualized dividend and a yield of 6.63%. The ex-dividend date is Thursday, March 6th.

Amerigo Resources Stock Performance

Shares of ARG stock opened at C$1.81 on Tuesday. Amerigo Resources has a one year low of C$1.26 and a one year high of C$2.05. The company has a debt-to-equity ratio of 14.04, a quick ratio of 0.91 and a current ratio of 0.91. The company has a 50 day moving average price of C$1.70 and a 200 day moving average price of C$1.70. The firm has a market capitalization of C$208.44 million, a price-to-earnings ratio of 10.15, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11.

Analysts Set New Price Targets

Separately, Atrium Research raised shares of Amerigo Resources to a “strong-buy” rating in a research report on Wednesday, January 15th.

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.