Insider Buying: Amerigo Resources LTD (ARG) Insider Purchases 152,000 Shares of Stock

Amerigo Resources LTD (TSE:ARG) insider Nauman (Nick) Toor bought 152,000 shares of Amerigo Resources stock in a transaction dated Friday, February 2nd. The stock was purchased at an average cost of C$1.00 per share, with a total value of C$152,000.00.

Nauman (Nick) Toor also recently made the following trade(s):

  • On Friday, January 19th, Nauman (Nick) Toor bought 30,500 shares of Amerigo Resources stock. The stock was purchased at an average cost of C$1.08 per share, with a total value of C$32,940.00.
  • On Monday, January 22nd, Nauman (Nick) Toor bought 100,000 shares of Amerigo Resources stock. The stock was purchased at an average cost of C$1.08 per share, with a total value of C$108,000.00.
  • On Wednesday, January 24th, Nauman (Nick) Toor bought 65,600 shares of Amerigo Resources stock. The stock was purchased at an average cost of C$1.03 per share, with a total value of C$67,568.00.
  • On Friday, January 12th, Nauman (Nick) Toor bought 50,000 shares of Amerigo Resources stock. The stock was purchased at an average cost of C$1.18 per share, with a total value of C$59,000.00.
  • On Monday, November 13th, Nauman (Nick) Toor bought 18,000 shares of Amerigo Resources stock. The stock was purchased at an average cost of C$0.81 per share, with a total value of C$14,580.00.

Amerigo Resources LTD (TSE ARG) traded down C$0.01 during trading on Friday, hitting C$1.01. The stock had a trading volume of 363,030 shares, compared to its average volume of 389,384. Amerigo Resources LTD has a fifty-two week low of C$0.37 and a fifty-two week high of C$1.35. The stock has a market cap of $179.59, a P/E ratio of 20.40 and a beta of 1.85.

Amerigo Resources (TSE:ARG) last posted its earnings results on Wednesday, November 8th. The company reported C$0.05 earnings per share for the quarter, beating 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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About Amerigo Resources

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).

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

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