Robert Gayton Sells 50,000 Shares of Amerigo Resources Ltd. (TSE:ARG) Stock

Amerigo Resources Ltd. (TSE:ARG – Get Rating) Director Robert Gayton sold 50,000 shares of the stock in a transaction on Thursday, January 19th. The stock was sold at an average price of C$1.59, for a total transaction of C$79,500.00. Following the transaction, the director now owns 219,504 shares of the company’s stock, valued at approximately C$349,011.36.

Robert Gayton also recently made the following trade(s):

• On Friday, January 13th, Robert Gayton sold 100,000 shares of Amerigo Resources stock. The stock was sold at an average price of C$1.52, for a total transaction of C$152,000.00.

Amerigo Resources Stock Performance

TSE ARG traded down C$0.01 on Tuesday, hitting C$1.59. 228,466 shares of the stock were exchanged, compared to its average volume of 253,693. The company has a debt-to-equity ratio of 23.93, a current ratio of 1.13 and a quick ratio of 0.91. The business’s fifty day moving average is C$1.35 and its 200 day moving average is C$1.18. Amerigo Resources Ltd. has a 52 week low of C$0.85 and a 52 week high of C$2.01. The company has a market capitalization of C$263.99 million and a PE ratio of 15.90.

Amerigo Resources (TSE:ARG – Get Rating) last posted its quarterly earnings results on Wednesday, November 2nd. The company reported C($0.04) earnings per share (EPS) for the quarter. The business had revenue of C$40.26 million for the quarter. Research analysts anticipate that Amerigo Resources Ltd. will post 0.22 EPS for the current fiscal year.

Amerigo Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 20th. Stockholders of record on Wednesday, November 30th were given a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 7.55%. The ex-dividend date was Tuesday, November 29th. Amerigo Resources’s payout ratio is presently 85.83%.

About Amerigo Resources

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Amerigo Resources Ltd., through its subsidiary, Minera Valle Central SA, produces and sells copper and molybdenum concentrates from Codelco's El Teniente underground mine in Chile. The company was formerly known as Golden Temple Mining Corp. and changed its name to Amerigo Resources Ltd. in March 2002.