Azincourt Energy (CVE:AAZ) Stock Price Down 25% – Time to Sell?

Azincourt Energy Corp. (CVE:AAZ) shares were down 25% on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.05. Approximately 774,096 shares traded hands during trading, an increase of 492% from the average daily volume of 130,795 shares. The stock had previously closed at C$0.06.

Azincourt Energy Price Performance

The firm has a market cap of C$25.82 million, a price-to-earnings ratio of -2.00 and a beta of 0.61. The business has a fifty day simple moving average of C$0.02 and a 200 day simple moving average of C$0.02.

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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.