Azincourt Energy (CVE:AAZ) Shares Down 33.3% – Here’s Why

Azincourt Energy Corp. (CVE:AAZ) dropped 33.3% on Thursday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 180,927 shares traded hands during trading, a decline of 24% from the average daily volume of 237,021 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Down 33.3 %

The company has a fifty day simple moving average of C$0.01 and a two-hundred day simple moving average of C$0.02. The company has a market cap of C$2.98 million, a PE ratio of -1.00 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.