Amerisur Resources (LON:AMER) Rating Reiterated by Royal Bank of Canada

Royal Bank of Canada reiterated their sector performer rating on shares of Amerisur Resources (LON:AMER) in a research note published on Thursday morning, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt reaffirmed an add rating on shares of Amerisur Resources in a research report on Friday, August 9th.

Shares of AMER traded down GBX 0.32 ($0.00) during trading hours on Thursday, hitting GBX 16.82 ($0.22). The company had a trading volume of 1,660,330 shares, compared to its average volume of 2,400,000. Amerisur Resources has a 12 month low of GBX 9.50 ($0.12) and a 12 month high of GBX 20.50 ($0.27). The firm has a market cap of $204.44 million and a price-to-earnings ratio of 168.20. The business has a fifty day moving average of GBX 17.86 and a 200-day moving average of GBX 14.87.

About Amerisur Resources

Amerisur Resources plc engages in exploration and production of oil and gas assets in Colombia and Paraguay. It has assets around the OBA pipeline and also across the wider Putumayo region, with 11 blocks in total covering 984,000 hectares gross. Amerisur Resources Plc was incorporated in 2000 and is based in Cardiff, the United Kingdom.

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