Amerigo Resources (TSE:ARG) Insider Carmen Amezquita Sells 25,000 Shares

Amerigo Resources Ltd. (TSE:ARGGet Free Report) insider Carmen Amezquita sold 25,000 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of C$7.05, for a total value of C$176,250.00. Following the completion of the transaction, the insider owned 83,939 shares in the company, valued at approximately C$591,769.95. This represents a 22.95% decrease in their ownership of the stock.

Amerigo Resources Stock Performance

ARG traded up C$0.42 during mid-day trading on Wednesday, reaching C$7.13. 1,923,073 shares of the stock were exchanged, compared to its average volume of 1,075,933. The stock has a market capitalization of C$1.15 billion, a PE ratio of 25.46, a price-to-earnings-growth ratio of 0.32 and a beta of 2.11. The company has a 50 day moving average price of C$5.70 and a two-hundred day moving average price of C$4.98. Amerigo Resources Ltd. has a 1 year low of C$1.71 and a 1 year high of C$7.16.

Amerigo Resources (TSE:ARGGet Free Report) last announced its earnings results on Wednesday, April 29th. The company reported C$0.13 EPS for the quarter. Amerigo Resources had a net margin of 15.26% and a return on equity of 42.44%. The company had revenue of C$91.99 million during the quarter. Sell-side analysts expect that Amerigo Resources Ltd. will post 0.2850394 EPS for the current fiscal year.

Amerigo Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 18th. Shareholders of record on Thursday, June 18th will be paid a $0.04 dividend. The ex-dividend date is Friday, May 29th. This represents a $0.16 annualized dividend and a yield of 2.2%. Amerigo Resources’s dividend payout ratio (DPR) is 49.30%.

About Amerigo Resources

(Get Free Report)

Amerigo Resources Ltd is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary Minera Valle Central SA The group operates in one segment, the production of copper concentrates with the production of molybdenum concentrates as a by-product. The company geographically operates in Chile and Canada and earns most of its revenue from Chile.

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Insider Buying and Selling by Quarter for Amerigo Resources (TSE:ARG)

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