Jadestone Energy (OTCMKTS:JADSF) Given Buy Rating at Berenberg Bank

Jadestone Energy (OTCMKTS:JADSF)‘s stock had its “buy” rating reaffirmed by stock analysts at Berenberg Bank in a report released on Tuesday, The Fly reports.

A number of other research firms have also weighed in on JADSF. Stifel Nicolaus restated a “buy” rating on shares of Jadestone Energy in a report on Friday, September 11th. Peel Hunt initiated coverage on shares of Jadestone Energy in a report on Monday, June 15th. They issued a “buy” rating on the stock.

JADSF opened at $0.70 on Tuesday. Jadestone Energy has a fifty-two week low of $0.21 and a fifty-two week high of $1.23. The stock has a 50-day simple moving average of $0.81.

Jadestone Energy Company Profile

Jadestone Energy Inc, together with its subsidiaries, engages in the production, development, exploration, and appraisal of oil and gas assets in Australia, Vietnam, and the Philippines. The company holds 100% interests in the Stag oilfield and the Montara project located in offshore Western Australia, as well as two gas development blocks in Southwest Vietnam.

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