Fundamental Research reiterated their buy rating on shares of Amerigo Resources LTD (TSE:ARG) in a research report report published on Friday. The firm currently has a C$1.00 price target on the stock.

Shares of Amerigo Resources LTD (TSE ARG) opened at 0.75 on Friday. The company’s 50 day moving average price is $0.65 and its 200 day moving average price is $0.61. The company’s market cap is $131.58 million. Amerigo Resources LTD has a 12 month low of $0.14 and a 12 month high of $0.83.

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In other news, insider Robert Duncan Henderson sold 75,000 shares of the firm’s stock in a transaction that occurred on Monday, August 28th. The shares were sold at an average price of C$0.74, for a total transaction of C$55,500.00. Also, insider Nauman (Nick) Toor bought 174,500 shares of Amerigo Resources LTD stock in a transaction dated Thursday, June 22nd. The shares were bought at an average cost of C$0.52 per share, for a total transaction of C$90,740.00. Over the last ninety days, insiders have bought 1,660,500 shares of company stock worth $1,049,390 and have sold 281,100 shares worth $199,184.

About Amerigo Resources LTD

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