Junex (CVE:JNX) Stock Price Down 2.4% – Here’s Why

Shares of Junex Inc. (CVE:JNX) traded down 2.4% during trading on Monday . The stock traded as low as C$0.41 and last traded at C$0.41. 15,240 shares changed hands 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 stock’s 50-day moving average is C$0.41 and its two-hundred day moving average is 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.