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

by · The Markets Daily

Azincourt Energy Corp. (CVE:AAZ – Get Free Report)’s share price dropped 25% during trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 216,000 shares traded hands during mid-day trading, a decline of 19% from the average daily volume of 267,480 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The stock has a market cap of C$5.97 million, a PE ratio of -2.00 and a beta of 2.78. The company has a 50 day moving average price of C$0.01 and a two-hundred day moving average price 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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