Amerisur Resources (LON:AMER) Shares Up 2,762.7% – Should You Buy?

Amerisur Resources plc (LON:AMERGet Free Report)’s share price shot up 2,762.7% on Thursday . The company traded as high as GBX 19.18 ($0.24) and last traded at GBX 19.18 ($0.24). 4,817,237 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 8,216,125 shares. The stock had previously closed at GBX 0.67 ($0.01).

Amerisur Resources Price Performance

The stock has a fifty day simple moving average of GBX 19.18 and a 200-day simple moving average of GBX 19.18. The company has a market capitalization of £241.31 million and a PE ratio of -47.95. The company has a current ratio of 1.99, a quick ratio of 1.90 and a debt-to-equity ratio of 8.67.

Amerisur Resources Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Amerisur Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amerisur Resources and related companies with MarketBeat.com's FREE daily email newsletter.