Amerisur Resources (LON:AMER) Shares Cross Above Two Hundred Day Moving Average of $19.18

Amerisur Resources plc (LON:AMERGet Rating) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 19.18 ($0.23) and traded as high as GBX 19.18 ($0.23). Amerisur Resources shares last traded at GBX 19.18 ($0.23), with a volume of 4,817,237 shares changing hands.

Amerisur Resources Price Performance

The stock’s 50-day moving average price is GBX 19.18 and its 200 day moving average price is GBX 19.18. The firm has a market capitalization of £241.31 million and a price-to-earnings ratio of -47.95. The company has a quick ratio of 1.90, a current ratio of 1.99 and a debt-to-equity ratio of 8.67.

About Amerisur Resources

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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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