African Barrick Gold: Deutsche Bank ups target price from 137p to 145p and maintains a hold recommendation. African Minerals: Macquarie reduces target price from 307p to 280p and reiterates an outperform rating. Deutsche Bank cuts target price from 450p to 423p, while its buy recommendation is kept
Read moreUK small caps hold steady in morning trade, while junior-listed AIM shares fall 0.2 percent. Engineering, automotive and environmental consultancy Ricardo rises 5.4 percent after saying customer activity in the past two months has been positive, and profit for the year to end-June should be
Read moreAmerisur Resources has claimed a 100 per cent success rate from its Colombian drilling programme as oil production increases. The company's Platanillo field in Columbia has progressed despite some "logistical difficulties" affecting export. Production rose at Platanillo from 5,400 barrels of oil p
Read moreAfren: Goldman Sachs shifts target price from 224p to 221p keeping a buy recommendation. Alent: Goldman Sachs initiates with a target price from 426p and a buy recommendation. Amerisur Resources: Goldman Sachs moves target price from 65p to 82p and stays with its neutral rating. Bahamas Petroleum
Read moreShares in South America-focused oil and gas producer Amerisur Resources Plc rise as much as 8 percent after the company says it secured additional export capacity through the Rio Loro oil reception facility. The facility is set to receive a minimum of 3,500 barrels of oil per day (bopd) po
Read moreUK small caps shed 0.2 percent, outperforming the mid-caps and the blue chips, down 0.5-0.6 percent. Shares in Amerisur Resources rise 1.4 percent as the South America-focused oil and gas producer reports a nearly 500 percent rise in full-year (FY) profit helped by a steep increase in prod
Read moreApril 17 (Reuters) - South America-focused oil and gas producer Amerisur Resources Plc reported a nearly 500 percent rise in full-year profit helped by a steep increase in production. Operating profit rose to 19.6 million pounds ($29.97 million) in the year ended Dec. 31, from 3.3 million p
Read moreUK small caps shed 1.1 percent in early deals, led lower by a host of resource stocks on the back of concerns over contagion in the euro zone after Cyprus' planned levy on bank depositories, with the mid-caps and the blue chips each down 0.7 percent. Pennant International Group, the AIM quo
Read moreShares in South America-focused oil and gas producer Amerisur Resources rose on Monday after the company unveiled a positive update on its operations at the Platanillo Field in Colombia. The AIM-listed company reported that the area known as the "Platanillo-1 ST1 sidetrack" had encountered a 22 foo
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