Azincourt Energy (CVE:AAZ) Shares Down 20% – Should You Sell?

Shares of Azincourt Energy Corp. (CVE:AAZ) were down 20% during trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 109,687 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 829,342 shares. The stock had previously closed at C$0.03.

Azincourt Energy Trading Down 20.0%

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