Amerisur Resources plc (AMER) Insider Acquires £95,000 in Stock
Amerisur Resources plc (LON:AMER) insider Alex Snow acquired 500,000 shares of the stock in a transaction dated Monday, October 23rd. The stock was bought at an average cost of GBX 19 ($0.25) per share, with a total value of £95,000 ($125,362.89).
Shares of Amerisur Resources plc (LON AMER) opened at 19.00 on Tuesday. Amerisur Resources plc has a 12 month low of GBX 14.50 and a 12 month high of GBX 32.75. The company’s 50 day moving average price is GBX 18.11 and its 200-day moving average price is GBX 20.13. The stock’s market capitalization is GBX 230.51 million.
Several brokerages have recently commented on AMER. Peel Hunt reissued a “hold” rating and issued a GBX 20 ($0.26) price objective on shares of Amerisur Resources plc in a research note on Friday, September 8th. Barclays PLC lowered their price objective on Amerisur Resources plc from GBX 26 ($0.34) to GBX 21 ($0.28) and set an “equal weight” rating for the company in a research note on Thursday, September 28th. Four investment analysts have rated the stock with a hold rating, The company currently has an average rating of “Hold” and a consensus target price of GBX 25.75 ($0.34).
About Amerisur Resources plc
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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