Amerigo Resources Ltd. (TSE:ARG - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$1.72 and traded as high as C$1.96. Amerigo Resources shares last traded at C$1.91, with a volume of 294,399 shares traded.
Analyst Ratings Changes
Separately, Atrium Research upgraded Amerigo Resources to a "strong-buy" rating in a research note on Wednesday, January 15th.
View Our Latest Analysis on ARG
Amerigo Resources Trading Up 2.6 %
The firm has a market cap of C$230.32 million, a P/E ratio of 11.21, a PEG ratio of 0.32 and a beta of 3.11. The company has a 50 day moving average of C$1.79 and a 200 day moving average of C$1.72. The company has a debt-to-equity ratio of 14.04, a quick ratio of 0.91 and a current ratio of 0.91.
Amerigo Resources Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th were issued a dividend of $0.03 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.12 annualized dividend and a yield of 6.00%. Amerigo Resources's dividend payout ratio (DPR) is currently 67.27%.
Amerigo Resources Company Profile
(
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.
Further Reading
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 Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
