Amerigo Resources (TSE:ARG) Insider Kimberly Thomas Sells 4,200 Shares

Amerigo Resources Ltd. (TSE:ARG) insider Kimberly Thomas sold 4,200 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of C$6.67, for a total transaction of C$28,014.00. Following the transaction, the insider directly owned 17,118 shares of the company’s stock, valued at C$114,177.06. The trade was a 19.70% decrease in their position.

Kimberly Thomas also recently made the following trade(s):

• On Wednesday, May 27th, Kimberly Thomas sold 800 shares of Amerigo Resources stock. The shares were sold at an average price of C$6.68, for a total transaction of C$5,344.00.
• On Wednesday, May 13th, Kimberly Thomas sold 8,000 shares of Amerigo Resources stock. The shares were sold at an average price of C$7.07, for a total transaction of C$56,560.00.

Amerigo Resources Stock Down 0.3%

Shares of ARG stock traded down C$0.02 during trading hours on Wednesday, hitting C$6.67. 462,086 shares of the company’s stock traded hands, compared to its average volume of 1,037,884. The stock’s 50 day simple moving average is C$5.91 and its 200 day simple moving average is C$5.24. The stock has a market cap of C$1.08 billion, a PE ratio of 23.82, a price-to-earnings-growth ratio of 0.32 and a beta of 2.11. Amerigo Resources Ltd. has a 12 month low of C$1.81 and a 12 month high of C$7.16.

Amerigo Resources (TSE:ARG) last released its quarterly earnings results on Wednesday, April 29th. The company reported C$0.13 earnings per share (EPS) for the quarter. The firm had revenue of C$91.99 million during the quarter. Amerigo Resources had a net margin of 15.26% and a return on equity of 42.44%. As a group, equities research analysts expect that Amerigo Resources Ltd. will post 0.2850394 EPS for the current fiscal year.

Amerigo Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 18th will be paid a dividend of $0.04 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.16 annualized dividend and a dividend yield of 2.4%. Amerigo Resources’s dividend payout ratio (DPR) is presently 49.30%.

Amerigo Resources Company Profile

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.