Jadestone Energy (CVE:JSE) Reaches New 12-Month High at $1.00

Jadestone Energy Inc (CVE:JSE)’s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as C$1.00 and last traded at C$0.97, with a volume of 26000 shares. The stock had previously closed at C$0.99.

The company has a market cap of $419.55 million and a price-to-earnings ratio of 21.02. The firm’s 50-day moving average price is C$0.90 and its 200 day moving average price is C$0.90. The company has a debt-to-equity ratio of 65.01, a quick ratio of 0.83 and a current ratio of 1.33.

Jadestone Energy (CVE:JSE) last issued its quarterly earnings data on Tuesday, August 27th. The company reported C$0.07 earnings per share (EPS) for the quarter. The firm had revenue of C$154.29 million for the quarter. As a group, equities research analysts predict that Jadestone Energy Inc will post 0.25 EPS for the current fiscal year.

In related news, Director Iain Mclaren sold 112,870 shares of the business’s stock in a transaction that occurred on Wednesday, September 11th. The shares were sold at an average price of C$48.20, for a total transaction of C$5,440,334.00. Following the completion of the transaction, the director now owns 50,000 shares in the company, valued at C$2,410,000.

About Jadestone Energy (CVE:JSE)

Jadestone Energy Inc, together with its subsidiaries, engages in the production, development, and exploration and appraisal activities in Australia, Indonesia, Vietnam, and the Philippines. Its two producing assets include the Stag Oilfield located in the Carnarvon Basin, offshore Western Australia with a total proved and probable reserves of 17.1 million barrels of oil; and the Ogan Komering production sharing contract located onshore South Sumatra, Indonesia.

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