Amerigo Resources Ltd. (TSE:ARG - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.70 and traded as high as C$1.88. Amerigo Resources shares last traded at C$1.87, with a volume of 296,262 shares traded.
Analyst Ratings Changes
Separately, Atrium Research upgraded shares of Amerigo Resources to a "strong-buy" rating in a research note on Wednesday, January 15th.
Check Out Our Latest Stock Analysis on Amerigo Resources
Amerigo Resources Trading Up 2.2 %
The company has a market cap of C$211.90 million, a P/E ratio of 10.31, a PEG ratio of 0.32 and a beta of 3.11. The stock's 50 day moving average is C$1.72 and its 200-day moving average is C$1.70. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 14.04.
Amerigo Resources Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Thursday, March 6th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 6.52%. The ex-dividend date is Thursday, March 6th. Amerigo Resources's dividend payout ratio is currently 67.27%.
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.
Further Reading
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