Amerigo Resources (TSE:ARG) Stock Passes Above 200 Day Moving Average – Time to Sell?

Shares of Amerigo Resources Ltd. (TSE:ARG) crossed 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.

Amerigo Resources Trading Up 0.6 %

The firm has a fifty day moving average of C$1.65 and a two-hundred day moving average of C$1.66. The company has a market cap of C$270.51 million, a PE ratio of 16.30, 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) last issued its earnings results on Wednesday, October 30th. The company reported C$0.02 earnings per share for the quarter. Amerigo Resources had a net margin of 7.16% and a return on equity of 10.75%. The firm had revenue of C$61.99 million during the quarter. As a group, sell-side analysts predict that Amerigo Resources Ltd. will post 0.2850394 EPS for the current year.

Amerigo Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, December 20th. Investors of record on Friday, December 20th were paid a $0.03 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.12 dividend on an annualized basis and a yield of 7.36%. Amerigo Resources’s dividend payout ratio is 120.00%.

About Amerigo Resources

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.