Amerigo Resources (TSE:ARG) Director George Ireland Sells 200,000 Shares of Stock

Posted by Kyle Jackson on Sep 22nd, 2026

Amerigo Resources Ltd. (TSE:ARG – Get Free Report) Director George Ireland sold 200,000 shares of the company’s stock in a transaction that occurred on Friday, September 18th. The stock was sold at an average price of C$8.76, for a total value of C$1,752,000.00. Following the sale, the director directly owned 9,972,156 shares in the company, valued at C$87,356,086.56. This trade represents a 1.97% decrease in their ownership of the stock.

Amerigo Resources Price Performance

Shares of TSE ARG traded down C$0.29 during midday trading on Monday, reaching C$8.64. 877,464 shares of the stock traded hands, compared to its average volume of 914,692. The company’s 50 day moving average is C$7.84 and its 200 day moving average is C$6.71. Amerigo Resources Ltd. has a one year low of C$2.42 and a one year high of C$8.93. The stock has a market capitalization of C$1.39 billion, a PE ratio of 25.41, a P/E/G ratio of 0.32 and a beta of 2.15.

Amerigo Resources (TSE:ARG – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The company reported C$0.16 earnings per share for the quarter. The company had revenue of C$109.93 million for the quarter. Amerigo Resources had a net margin of 18.55% and a return on equity of 50.54%. As a group, equities analysts forecast that Amerigo Resources Ltd. will post 0.2850394 EPS for the current year.

Amerigo Resources Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 18th were issued a $0.04 dividend. The ex-dividend date was Friday, August 28th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 1.9%. Amerigo Resources’s payout ratio is 77.12%.

About Amerigo Resources

(Get Free Report)

Amerigo is an innovative copper producer with a long-term relationship, through its fully-owned subsidiary Minera Valle Central (‘MVC’), with Corporación Nacional del Cobre de Chile (‘Codelco’), the world’s largest copper producer. Amerigo produces copper concentrate and molybdenum concentrate as a by-product at the MVC operation in Chile by processing fresh and historic tailings from Codelco’s El Teniente mine, the world’s largest underground copper mine.