Azincourt Energy (CVE:AAZ) Stock Price Down 33.3% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ)’s stock price dropped 33.3% during mid-day trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 147,928 shares changed hands during mid-day trading, a decline of 49% from the average daily volume of 291,805 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The stock has a market cap of C$4.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.78. The company’s 50-day moving average is C$0.01 and its 200-day moving average is C$0.01.

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.