Amerigo Resources Ltd. (TSE:ARG) insider Ross J. Beaty sold 3,000,000 shares of the business’s stock in a transaction on Monday, January 15th. The stock was sold at an average price of C$1.25, for a total value of C$3,750,000.00.
Shares of Amerigo Resources Ltd. (ARG) traded down C$0.01 during mid-day trading on Friday, reaching C$1.13. The company had a trading volume of 351,296 shares, compared to its average volume of 495,696. Amerigo Resources Ltd. has a 1 year low of C$0.37 and a 1 year high of C$1.35. The stock has a market cap of $202.87, a P/E ratio of 22.60 and a beta of 1.85.
Amerigo Resources (TSE:ARG) last announced its earnings results on Wednesday, November 8th. The company reported C$0.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.01 by C$0.04. Amerigo Resources had a return on equity of 34.85% and a net margin of 20.99%.
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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).
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