Azincourt Energy (CVE:AAZ) Stock Price Down 14.3% – Should You Sell?

Azincourt Energy Corp. (CVE:AAZ)’s stock price dropped 14.3% during trading on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,276,841 shares changed hands during mid-day trading, an increase of 146% from the average daily volume of 519,378 shares. The stock had previously closed at C$0.04.

Azincourt Energy Trading Down 14.3 %

The stock has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.01. The company has a market cap of C$8.95 million, a PE 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.