Shares of Jericho Oil Corp (CVE:JCO) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.47 and last traded at C$0.49, with a volume of 27200 shares trading hands. The stock had previously closed at C$0.52.
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Jericho Oil Company Profile (CVE:JCO)
Jericho Oil Corporation, together with its subsidiaries, acquires, explores for, develops, and produces oil and natural gas properties in the United States. The company primarily focuses on exploration and development activities in the Mississippi Lime, Woodford Shale, and Hunton formations in Central and Northeast Oklahoma.
Further Reading: Why is the ex-dividend date different from the record date?
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