Peel Hunt upgraded shares of Amerisur Resources (LON:AMER) to an add rating in a report released on Thursday morning. The brokerage currently has GBX 19 ($0.26) price objective on the stock, down from their prior price objective of GBX 20 ($0.28).

Shares of Amerisur Resources (LON:AMER) opened at GBX 16.40 ($0.23) on Thursday. The company has a market cap of $198.77 and a PE ratio of -1,640.00. Amerisur Resources has a fifty-two week low of GBX 14.50 ($0.20) and a fifty-two week high of GBX 27 ($0.37).

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About Amerisur Resources

Amerisur Resources plc is an independent full-cycle oil and gas company. The Company’s principal activity is investing in oil and gas exploration and development in South America, principally in Paraguay and Colombia. It operates through oil exploration and development segment. It operates in Colombia, Paraguay and the United Kingdom.

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