Azincourt Energy (CVE:AAZ) Shares Down 33.3% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ)’s share price was down 33.3% during mid-day trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 147,928 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 291,691 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The business’s 50-day moving average is C$0.01 and its 200-day moving average is C$0.01. The company has a market capitalization of C$4.48 million, a PE ratio of -1.50 and a beta of 2.78.

Azincourt Energy Company Profile

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.