Azincourt Energy (CVE:AAZ) Stock Price Down 25% – Time to Sell?
by Tristan Rich · The Markets DailyAzincourt Energy Corp. (CVE:AAZ – Get Free Report)’s share price fell 25% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 311,612 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 672,012 shares. The stock had previously closed at C$0.02.
Azincourt Energy Trading Down 25.0%
The firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The stock has a market capitalization of C$6.07 million, a price-to-earnings ratio of -2.00 and a beta of 0.71.
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.
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