Amerigo Resources Ltd. (TSE:ARG) Director Sells C$15,081.77 in Stock

Amerigo Resources Ltd. (TSE:ARG) Director Christian Caceres sold 9,031 shares of the company’s stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of C$1.67, for a total value of C$15,081.77.

Christian Caceres also recently made the following trade(s):

• On Thursday, June 27th, Christian Caceres sold 26,994 shares of Amerigo Resources stock. The shares were sold at an average price of C$1.56, for a total value of C$42,110.64.

Amerigo Resources Stock Performance

TSE ARG opened at C$1.80 on Friday. The company’s 50-day simple moving average is C$1.63 and its 200 day simple moving average is C$1.65. The company has a quick ratio of 0.91, a current ratio of 0.97 and a debt-to-equity ratio of 12.87. Amerigo Resources Ltd. has a twelve month low of C$1.10 and a twelve month high of C$2.05. The stock has a market cap of C$298.73 million, a P/E ratio of 18.00, a PEG ratio of 0.28 and a beta of 3.12.

Amerigo Resources (TSE:ARG) last released its earnings results on Wednesday, July 31st. The company reported C$0.08 EPS for the quarter. Amerigo Resources had a net margin of 7.16% and a return on equity of 10.75%. The firm had revenue of C$70.60 million during the quarter. As a group, research analysts forecast that Amerigo Resources Ltd. will post 0.3056537 earnings per share for the current fiscal year.

Amerigo Resources Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, September 20th. Shareholders of record on Friday, September 20th were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 6.67%. The ex-dividend date of this dividend was Friday, August 30th. Amerigo Resources’s payout ratio is currently 120.00%.

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.