Jersey Oil and Gas’ (SAVE) “Buy” Rating Reiterated at Shore Capital

Shore Capital reiterated their buy rating on shares of Jersey Oil and Gas (LON:SAVE) in a research report report published on Wednesday, ThisIsMoney.Co.Uk reports.

Shares of Jersey Oil and Gas stock opened at GBX 6.76 ($0.09) on Wednesday. Jersey Oil and Gas has a one year low of GBX 6 ($0.08) and a one year high of GBX 28.50 ($0.36). The company has a current ratio of 0.88, a quick ratio of 0.88 and a debt-to-equity ratio of 8.01. The company’s 50-day simple moving average is GBX 7.57. The company has a market cap of $69.21 million and a price-to-earnings ratio of -6.15.

About Jersey Oil and Gas

Savannah Energy Plc, an oil and gas company, engages in the exploration of hydrocarbons in the Republic of Niger. The company's principal assets are the R1/R2 and R3/R4 PSC that cover an area of 13,655 km2 located in the Agadem rift basin in South East Niger. The company was formerly known as Savannah Petroleum Plc and changed its name to Savannah Energy Plc in April 2020.

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