Junex (CVE:JNX) Trading Down 2.4% – Time to Sell?

Junex Inc. (CVE:JNX)’s stock price traded down 2.4% on Wednesday . The company traded as low as C$0.41 and last traded at C$0.41. 15,240 shares were traded during mid-day trading, a decline of 82% from the average session volume of 85,018 shares. The stock had previously closed at C$0.42.

Junex Stock Performance

The firm has a 50 day simple moving average of C$0.41 and a 200-day simple moving average of C$0.41.

Junex Company Profile

Junex Inc operates as a junior oil and gas exploration company in Québec. It holds exploration permits on approximately 1.9 million acres of land located in the Appalachian basin in the province of Québec. The company's principal property is the Galt project, which covers an area of 16,645 acres located to the west of Gaspé Peninsula. It also produces and sells natural brine products; and provides oil and gas drilling, completion work, and well testing services, as well as geophysics and geology consulting services to its partners operating in oil and gas exploration.