Azincourt Energy (CVE:AAZ) Shares Down 25% – Here’s What Happened

Azincourt Energy Corp. (CVE:AAZ) shares fell 25% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 280,000 shares traded hands during trading, a decline of 13% from the average session volume of 320,640 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Down 25.0 %

The business has a fifty day simple moving average of C$0.01 and a 200 day simple moving average of C$0.02. The stock has a market capitalization of C$4.48 million, a P/E ratio of -1.50 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.