Azincourt Energy (CVE:AAZ) Stock Price Down 25% – Should You Sell?

Azincourt Energy Corp. (CVE:AAZ) dropped 25% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 243,699 shares were traded during mid-day trading, a decline of 64% from the average daily volume of 668,594 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The company has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02. The company has a market cap of C$6.07 million, a P/E ratio of -2.00 and a beta of 0.71.

About Azincourt Energy

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.