Azincourt Energy (CVE:AAZ) Trading Down 14.3% – What’s Next?

Shares of Azincourt Energy Corp. (CVE:AAZ) traded down 14.3% on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 2,910,004 shares traded hands during trading, an increase of 295% from the average session volume of 736,588 shares. The stock had previously closed at C$0.04.

Azincourt Energy Stock Down 14.3 %

The firm has a 50 day moving average of C$0.02 and a two-hundred day moving average of C$0.02. The firm has a market capitalization of C$8.95 million, a price-to-earnings ratio of -3.00 and a beta of 2.78.

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.