Jadestone Energy Inc (CVE:JSE) rose 6.4% during mid-day trading on Wednesday . The stock traded as high as C$0.50 and last traded at C$0.50. Approximately 7,530 shares changed hands during trading, a decline of 89% from the average daily volume of 65,927 shares. The stock had previously closed at C$0.47.

The firm’s 50-day moving average price is C$0.50 and its 200-day moving average price is C$0.50. The company has a current ratio of 1.17, a quick ratio of 0.71 and a debt-to-equity ratio of 57.41. The stock has a market capitalization of C$230.52 million and a PE ratio of 9.80.

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.

Further Reading: 52-Week High/Low Prices For Stock Selection

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