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

Peel Hunt reiterated their add rating on shares of Amerisur Resources (LON:AMER) in a research note released on Monday, February 4th.

LON AMER traded up GBX 0.04 ($0.00) during trading on Monday, hitting GBX 16.26 ($0.21). 3,811,199 shares of the company’s stock traded hands, compared to its average volume of 2,400,000. Amerisur Resources has a 12-month low of GBX 14.50 ($0.19) and a 12-month high of GBX 27 ($0.35).

In other Amerisur Resources news, insider Dana Coffield purchased 469,850 shares of the business’s stock in a transaction on Wednesday, January 2nd. The stock was acquired at an average cost of GBX 18 ($0.24) per share, for a total transaction of £84,573 ($110,509.60).

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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