Amerigo Resources LTD (ARG) Director Purchases C$26,750.00 in Stock
Amerigo Resources LTD (TSE:ARG) Director George R. Ireland purchased 25,000 shares of the stock in a transaction dated Friday, March 16th. The shares were purchased at an average price of C$1.07 per share, with a total value of C$26,750.00.
Amerigo Resources stock traded down C$0.01 on Thursday, hitting C$1.04. The stock had a trading volume of 7,850 shares, compared to its average volume of 260,115. Amerigo Resources LTD has a 1-year low of C$0.49 and a 1-year high of C$1.35. The stock has a market capitalization of $186.88, a price-to-earnings ratio of 17.33 and a beta of 1.49.
Amerigo Resources (TSE:ARG) last released its quarterly earnings results on Wednesday, February 21st. The company reported C$0.03 EPS for the quarter, missing the consensus estimate of C$0.04 by C($0.01). Amerigo Resources had a return on equity of 12.87% and a net margin of 8.37%. The firm had revenue of C$46.99 million for the quarter, compared to analysts’ expectations of C$45.57 million.
Amerigo Resources Ltd. is principally engaged in the production of copper and molybdenum concentrates through its operating subsidiary Minera Valle Central SA (MVC), pursuant to a long-term contractual relationship with the El Teniente Division (DET) of Corporacion Nacional del Cobre de Chile (Codelco).
Receive News & Ratings for Amerigo Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerigo Resources and related companies with MarketBeat.com's FREE daily email newsletter.