Amerigo Resources Ltd. (TSE:ARG – Get Free Report) Director Aurora Davidson sold 8,000 shares of the stock in a transaction that occurred on Monday, October 19th. The stock was sold at an average price of C$7.99, for a total value of C$63,920.00. Following the completion of the transaction, the director owned 1,480,554 shares in the company, valued at approximately C$11,829,626.46. The trade was a 0.54% decrease in their position.
Aurora Davidson also recently made the following trade(s):
- On Monday, October 19th, Aurora Davidson sold 7,800 shares of Amerigo Resources stock. The shares were sold at an average price of C$8.05, for a total value of C$62,790.00.
- On Monday, October 19th, Aurora Davidson sold 4,200 shares of Amerigo Resources stock. The shares were sold at an average price of C$8.03, for a total value of C$33,726.00.
- On Tuesday, October 13th, Aurora Davidson sold 8,000 shares of Amerigo Resources stock. The stock was sold at an average price of C$8.26, for a total value of C$66,080.00.
- On Tuesday, October 13th, Aurora Davidson sold 6,000 shares of Amerigo Resources stock. The stock was sold at an average price of C$8.55, for a total value of C$51,300.00.
- On Friday, October 2nd, Aurora Davidson sold 4,300 shares of Amerigo Resources stock. The shares were sold at an average price of C$8.85, for a total transaction of C$38,055.00.
- On Friday, October 2nd, Aurora Davidson sold 2,500 shares of Amerigo Resources stock. The shares were sold at an average price of C$8.85, for a total transaction of C$22,125.00.
- On Friday, October 2nd, Aurora Davidson sold 4,200 shares of Amerigo Resources stock. The shares were sold at an average price of C$8.80, for a total transaction of C$36,960.00.
- On Friday, October 2nd, Aurora Davidson sold 2,000 shares of Amerigo Resources stock. The stock was sold at an average price of C$9.02, for a total transaction of C$18,040.00.
- On Thursday, October 1st, Aurora Davidson sold 5,700 shares of Amerigo Resources stock. The stock was sold at an average price of C$8.58, for a total transaction of C$48,906.00.
- On Thursday, October 1st, Aurora Davidson sold 7,000 shares of Amerigo Resources stock. The shares were sold at an average price of C$8.59, for a total transaction of C$60,130.00.
Amerigo Resources Price Performance
Shares of TSE ARG traded down C$0.20 during mid-day trading on Monday, reaching C$7.95. 658,099 shares of the company’s stock traded hands, compared to its average volume of 898,648. The stock has a market cap of C$1.28 billion, a P/E ratio of 23.38, a PEG ratio of 0.32 and a beta of 1.89. The business has a 50-day simple moving average of C$8.35 and a 200 day simple moving average of C$7.18. Amerigo Resources Ltd. has a 1-year low of C$2.59 and a 1-year high of C$9.11.
Amerigo Resources (TSE:ARG – Get Free Report) last posted its earnings results on Wednesday, July 29th. The company reported C$0.16 earnings per share for the quarter. Amerigo Resources had a net margin of 18.55% and a return on equity of 50.54%. The company had revenue of C$109.93 million for the quarter. Equities research analysts anticipate that Amerigo Resources Ltd. will post 0.29 earnings per share for the current fiscal year.
Amerigo Resources Cuts Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Friday, September 18th were paid a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 2.0%. This is a drop from Amerigo Resources’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend was Friday, August 28th. Amerigo Resources’s dividend payout ratio (DPR) is currently 77.12%.
Amerigo Resources Company Profile
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.
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