Amerigo Resources Ltd. (TSE:ARG) Announces $0.04 Quarterly Dividend

Amerigo Resources Ltd. (TSE:ARG) declared a quarterly dividend on Friday, August 28th, TickerTech Dividends reports. Stockholders of record on Friday, September 18th will be paid a dividend of 0.04 per share on Friday, September 18th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Friday, August 28th.

Amerigo Resources Trading Up 5.7%

ARG opened at C$8.69 on Wednesday. The firm has a market cap of C$1.40 billion, a price-to-earnings ratio of 25.56, a PEG ratio of 0.32 and a beta of 2.16. Amerigo Resources has a 12 month low of C$2.20 and a 12 month high of C$8.77. The stock has a fifty day moving average price of C$7.13 and a 200-day moving average price of C$6.37.

Amerigo Resources (TSE:ARG) last issued its quarterly earnings data on Wednesday, July 29th. The company reported C$0.16 earnings per share for the quarter. Amerigo Resources had a return on equity of 50.54% and a net margin of 18.55%.The company had revenue of C$109.93 million for the quarter. On average, equities research analysts forecast that Amerigo Resources will post 0.2850394 EPS for the current year.

About Amerigo Resources

Amerigo is an innovative copper producer with a long-term relationship, through its fully-owned subsidiary Minera Valle Central (‘MVC’), with Corporación Nacional del Cobre de Chile (‘Codelco’), the world’s largest copper producer. Amerigo produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation in Chile by processing fresh and historic tailings from Codelco’s El Teniente mine, the world’s largest underground copper mine.