Amerisur Resources (AMER) Earns “Add” Rating from Peel Hunt

Peel Hunt restated their add rating on shares of Amerisur Resources (LON:AMER) in a research note issued to investors on Tuesday, ThisIsMoney.Co.Uk reports.

Separately, Royal Bank of Canada reduced their price objective on shares of Amerisur Resources from GBX 22 ($0.29) to GBX 15 ($0.20) and set a sector performer rating on the stock in a report on Thursday, April 11th.

Shares of AMER opened at GBX 12.78 ($0.17) on Tuesday. Amerisur Resources has a 52-week low of GBX 9.50 ($0.12) and a 52-week high of GBX 20.50 ($0.27). The firm has a market cap of $154.51 million and a price-to-earnings ratio of 127.80.

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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