Azincourt Energy (CVE:AAZ) Shares Down 14.3% – Here’s Why

Azincourt Energy Corp. (CVE:AAZGet Free Report) shares dropped 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 2,860,004 shares changed hands during trading, an increase of 289% from the average daily volume of 735,255 shares. The stock had previously closed at C$0.04.

Azincourt Energy Price Performance

The company has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.02. The company has a market cap of C$8.95 million, a PE ratio of -3.00 and a beta of 2.78.

Azincourt Energy Company Profile

(Get Free Report)

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.

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