Could Journey Energy Inc Crash Even More? The Stock Had Another Big Decline Today

 Could Journey Energy Inc Crash Even More? The Stock Had Another Big Decline Today

The stock of Journey Energy Inc (TSE:JOY) is a huge mover today! About 10,900 shares traded hands. Journey Energy Inc (TSE:JOY) has risen 17.33% since March 10, 2016 and is uptrending. It has outperformed by 11.71% the S&P500.
The move comes after 7 months negative chart setup for the $66.34 million company. It was reported on Oct, 17 by Barchart.com. We have $2.07 PT which if reached, will make TSE:JOY worth $6.63 million less.

More important recent Journey Energy Inc (TSE:JOY) news were published by: Marketwatch.com which released: “Journey Energy Inc. Announces New Financing” on October 07, 2016, also Finance.Yahoo.com published article titled: “Journey Energy Inc. announces the closing of the sale of 37.5% of its shares …”, Marketwatch.com published: “Journey Energy Inc.” on June 22, 2014. More interesting news about Journey Energy Inc (TSE:JOY) was released by: Seekingalpha.com and their article: “Journey Energy – A Long Idea From Canada (JRNGF)” with publication date: May 12, 2015.

Journey Energy Inc. is an exploration and production company. The company has a market cap of $66.34 million. The Firm is engaged in the exploration, development and production of natural gas and crude oil in the province of Alberta, Canada. It currently has negative earnings.

JOY Company Profile

Joy Global Inc. incorporated on September 17, 1986, is a maker and servicer of high productivity mining equipment for the extraction of coal and other minerals and ores. The Firm makes and market original equipment and aftermarket parts and services for both underground and surface mining and certain industrial applications. The Company’s equipment is used in major mining regions throughout the world to mine coal, copper, iron ore, oil sands, gold and other minerals. The Firm operates in two business divisions: Underground Mining Machinery and Surface Mining Equipment. The Firm is a maker of underground mining machinery for the extraction of coal and other bedded minerals and offer service locations near major mining regions worldwide. The Firm is a major producer of surface mining equipment for the extraction of ores and minerals and we provide extensive operational support for many types of equipment used in surface mining. The Company’s manufacturing facilities are located in the United States, including facilities in Pennsylvania, Wisconsin, Texas and Alabama, and internationally, including facilities in China, the United Kingdom, South Africa and Australia.

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