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Amerigo Resources (TSE:ARG) Share Price Crosses Above Two Hundred Day Moving Average - Time to Sell?

Amerigo Resources logo with Basic Materials background

Shares of Amerigo Resources Ltd. (TSE:ARG - Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$1.66 and traded as high as C$1.66. Amerigo Resources shares last traded at C$1.63, with a volume of 639,828 shares changing hands.

Amerigo Resources Stock Up 3.1 %

The business's fifty day simple moving average is C$1.65 and its 200 day simple moving average is C$1.66. The stock has a market cap of C$278.81 million, a price-to-earnings ratio of 16.80, a price-to-earnings-growth ratio of 0.32 and a beta of 3.11. The company has a current ratio of 0.97, a quick ratio of 0.91 and a debt-to-equity ratio of 12.87.

Amerigo Resources (TSE:ARG - Get Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The company reported C$0.02 EPS for the quarter. Amerigo Resources had a return on equity of 10.75% and a net margin of 7.16%. The business had revenue of C$61.99 million during the quarter. Equities analysts forecast that Amerigo Resources Ltd. will post 0.2850394 earnings per share for the current fiscal year.

Amerigo Resources Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 20th. Stockholders of record on Friday, December 20th were paid a $0.03 dividend. The ex-dividend date was Friday, November 29th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 7.14%. Amerigo Resources's dividend payout ratio (DPR) is presently 120.00%.

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.

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