Amerisur Resources (ASUXF) Cut to Hold at Zacks Investment Research

Amerisur Resources (OTCMKTS:ASUXF) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors on Monday.

According to Zacks, “Amerisur Resources PLC is an oil and gas exploration and production company. Its primarily portfolio of assets consists in Colombia and Paraguay. Amerisur Resources PLC is headquartered in Wales, Great Britain. “

Shares of Amerisur Resources stock traded up $0.05 during trading on Monday, reaching $0.27. The company’s stock had a trading volume of 20,000 shares, compared to its average volume of 10,327. Amerisur Resources has a one year low of $0.12 and a one year high of $0.32.

Amerisur Resources Company Profile

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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