Azincourt Energy (CVE:AAZ) Trading Down 14.3% – Here’s Why

by · The Markets Daily

Azincourt Energy Corp. (CVE:AAZ – Get Free Report) fell 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. 236,572 shares changed hands during mid-day trading, a decline of 55% from the average session volume of 530,524 shares. The stock had previously closed at C$0.04.

Azincourt Energy Stock Performance

The stock has a market capitalization of C$8.95 million, a price-to-earnings ratio of -3.00 and a beta of 2.78. The business has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.01.

Azincourt Energy Company Profile

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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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