Azincourt Energy (CVE:AAZ) Shares Down 20% – Here’s Why

Azincourt Energy Corp. (CVE:AAZGet Free Report)’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 196,304 shares changed hands during trading, a decline of 71% from the average daily volume of 671,324 shares. The stock had previously closed at C$0.03.

Azincourt Energy Stock Performance

The stock has a market cap of C$8.09 million, a PE ratio of -2.00 and a beta of 0.71. The company has a 50 day moving average of C$0.02 and a two-hundred day moving average of C$0.02.

About Azincourt Energy

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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.

Further Reading

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