Azincourt Energy (CVE:AAZ) Stock Price Down 33.3% – Here’s What Happened

Shares of Azincourt Energy Corp. (CVE:AAZ) dropped 33.3% during mid-day trading on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 483,246 shares changed hands during mid-day trading, an increase of 154% from the average daily volume of 190,198 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

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. The firm has a market capitalization of C$2.98 million, a P/E ratio of -1.00 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.