Key Points
- Insider sale: Amerigo Resources insider Carmen Amezquita sold 25,000 shares on May 13 at an average price of C$7.05, totaling C$176,250. After the transaction, the insider still held 83,939 shares.
- Stock near highs: The shares opened at C$7.13, close to the company’s 52-week high of C$7.16, and well above its 50-day and 200-day moving averages.
- Dividend and earnings: Amerigo recently reported quarterly EPS of C$0.13 and announced a quarterly dividend of C$0.04 per share, implying a 2.2% annualized yield.
Amerigo Resources Ltd. (TSE:ARG - Get Free Report) insider Kimberly Thomas sold 8,000 shares of the business's stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of C$7.07, for a total value of C$56,560.00. Following the completion of the sale, the insider owned 22,118 shares in the company, valued at approximately C$156,374.26. This trade represents a 26.56% decrease in their ownership of the stock.
Amerigo Resources Price Performance
Shares of Amerigo Resources stock opened at C$7.13 on Thursday. The firm has a market cap of C$1.15 billion, a price-to-earnings ratio of 25.46, a price-to-earnings-growth ratio of 0.32 and a beta of 2.11. The stock's 50-day moving average is C$5.70 and its 200-day moving average is C$4.98. Amerigo Resources Ltd. has a one year low of C$1.71 and a one year high of C$7.16.
Amerigo Resources (TSE:ARG - Get Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The company reported C$0.13 EPS for the quarter. The company had revenue of C$91.99 million for the quarter. Amerigo Resources had a return on equity of 42.44% and a net margin of 15.26%. On average, equities analysts expect that Amerigo Resources Ltd. will post 0.2850394 EPS for the current year.
Amerigo Resources Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 18th will be issued a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Friday, May 29th. Amerigo Resources's payout ratio is 49.30%.
About Amerigo Resources
(
Get Free Report)
Amerigo Resources Ltd is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary Minera Valle Central SA The group operates in one segment, the production of copper concentrates with the production of molybdenum concentrates as a by-product. The company geographically operates in Chile and Canada and earns most of its revenue from Chile.
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