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

Shares of Azincourt Energy Corp. (CVE:AAZ) fell 20% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 2,605,771 shares traded hands during trading, an increase of 162% from the average session volume of 993,730 shares. The stock had previously closed at C$0.03.

Azincourt Energy Stock Performance

The company has a 50 day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The stock has a market capitalization of C$4.48 million, a PE ratio of -1.50 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.