Azincourt Energy (CVE:AAZ) Shares Down 25% – Should You Sell?

by · The Cerbat Gem

Azincourt Energy Corp. (CVE:AAZ – Get Free Report)’s share price dropped 25% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,201,332 shares changed hands during mid-day trading, an increase of 78% from the average daily volume of 673,919 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The company’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The company has a market cap of C$6.07 million, a price-to-earnings ratio of -2.00 and a beta of 0.71.

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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