Azincourt Energy (CVE:AAZ) Trading Down 20% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ)’s stock price was down 20% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 2,605,771 shares changed hands during mid-day trading, an increase of 162% from the average daily volume of 993,730 shares. The stock had previously closed at C$0.03.

Azincourt Energy Trading Down 20.0%

The stock’s 50-day moving average is C$0.02 and its 200-day moving average is C$0.02. The company has a market cap of C$5.97 million, a price-to-earnings ratio of -2.00 and a beta of 2.78.

Azincourt Energy Company Profile

Azincourt Energy Corp., an exploration and development company, focuses on the alternative fuels/alternative energy sector in Canada and Peru. It explores for uranium and lithium deposits, as well as other clean energy elements. The company owns interest in the East Preston project covering an area of approximately 25,000 hectares located in Saskatchewan, Canada; and the Big Hill Lithium project covering approximately an area of 7,500 hectares located in southwestern Newfoundland, Canada.