Amerisur Resources (LON:AMER) Downgraded to Underperform at Royal Bank of Canada

Royal Bank of Canada lowered shares of Amerisur Resources (LON:AMER) to an underperform rating in a research report sent to investors on Wednesday, Stock Target Advisor reports.

Separately, Peel Hunt reissued an add rating on shares of Amerisur Resources in a research note on Friday, September 20th.

AMER stock traded up GBX 0.86 ($0.01) during mid-day trading on Wednesday, reaching GBX 18.86 ($0.25). The company’s stock had a trading volume of 106,331,577 shares, compared to its average volume of 2,400,000. The company has a market cap of $218.79 million and a price-to-earnings ratio of -23.58. The business’s 50 day moving average price is GBX 18.30 and its 200 day moving average price is GBX 15.60. The company has a current ratio of 1.64, a quick ratio of 1.33 and a debt-to-equity ratio of 10.05. Amerisur Resources has a 12 month low of GBX 9.50 ($0.12) and a 12 month high of GBX 20.50 ($0.27).

Amerisur Resources Company Profile

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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