Azincourt Energy (CVE:AAZ) Trading Down 25% – Here’s Why

Shares of Azincourt Energy Corp. (CVE:AAZ) fell 25% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 280,000 shares traded hands during trading, a decline of 13% from the average session volume of 320,640 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The firm has a market cap of C$4.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.78. The firm has a fifty day simple moving average of C$0.01 and a two-hundred 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.