Amerigo Resources Ltd. (TSE:ARG) Insider Sells C$235,035.00 in Stock

Amerigo Resources Ltd. (TSE:ARG) insider Luzich Partners LLC sold 174,100 shares of the business’s stock in a transaction on Thursday, November 11th. The stock was sold at an average price of C$1.35, for a total value of C$235,035.00. Following the completion of the transaction, the insider now owns 24,437,400 shares of the company’s stock, valued at approximately C$32,990,490.

Luzich Partners LLC also recently made the following trade(s):

  • On Thursday, November 18th, Luzich Partners LLC sold 7,000,000 shares of Amerigo Resources stock. The stock was sold at an average price of C$1.30, for a total value of C$9,100,000.00.

ARG stock opened at C$1.30 on Thursday. Amerigo Resources Ltd. has a 1-year low of C$0.60 and a 1-year high of C$1.61. The business has a fifty day simple moving average of C$1.31. The company has a quick ratio of 1.19, a current ratio of 1.37 and a debt-to-equity ratio of 29.20. The stock has a market capitalization of C$227.30 million and a PE ratio of 4.89.

Amerigo Resources (TSE:ARG) last posted its quarterly earnings data on Wednesday, November 3rd. The company reported C$0.06 EPS for the quarter. The firm had revenue of C$60.61 million for the quarter. Analysts expect that Amerigo Resources Ltd. will post 0.28 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 20th. Investors of record on Monday, December 20th will be given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 6.15%. The ex-dividend date of this dividend is Monday, November 29th. Amerigo Resources’s dividend payout ratio (DPR) is presently 7.52%.

Amerigo Resources Company Profile

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.

See Also: Trade Deficit

Insider Buying and Selling by Quarter for Amerigo Resources (TSE:ARG)

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