Azincourt Energy (CVE:AAZ) Trading Down 25% – Here’s Why

by · The Markets Daily

Azincourt Energy Corp. (CVE:AAZ – Get Free Report)’s share price was down 25% during mid-day trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 217,000 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 950,316 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Up 33.3%

The stock has a market cap of C$5.97 million, a price-to-earnings ratio of -2.00 and a beta of 2.78. The company’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02.

About Azincourt Energy

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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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