Amerigo Resources Ltd. (OTCMKTS:ARREF - Get Free Report)'s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $1.25 and traded as high as $1.42. Amerigo Resources shares last traded at $1.38, with a volume of 43,737 shares trading hands.
Amerigo Resources Stock Performance
The stock has a 50 day simple moving average of $1.26 and a two-hundred day simple moving average of $1.23. The company has a market capitalization of $220.02 million, a price-to-earnings ratio of 10.26, a PEG ratio of 0.30 and a beta of 2.92. 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 - Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.04 by ($0.02). The business had revenue of $50.80 million during the quarter, compared to analyst estimates of $53.20 million. Amerigo Resources had a net margin of 11.23% and a return on equity of 19.30%. As a group, analysts anticipate that Amerigo Resources Ltd. will post 0.14 earnings per share for the current year.
Amerigo Resources Cuts Dividend
The company also recently disclosed a dividend, which was paid on Thursday, March 20th. Stockholders of record on Friday, March 7th were issued a $0.0209 dividend. This represents a dividend yield of 6.75%. The ex-dividend date of this dividend was Thursday, March 6th. Amerigo Resources's payout ratio is currently 61.54%.
About Amerigo Resources
(
Get Free Report)
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.
Read More
Before you consider Amerigo Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Amerigo Resources wasn't on the list.
While Amerigo Resources currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
