Azincourt Energy Corp. (CVE:AAZ – Get Free Report) dropped 20% during trading on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 655,750 shares traded hands during mid-day trading, a decline of 9% from the average daily volume of 718,432 shares. The stock had previously closed at C$0.03.
Azincourt Energy Stock Performance
The company’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02. The firm has a market capitalization of C$8.09 million, a price-to-earnings ratio of -2.00 and a beta of 0.74.
About Azincourt Energy
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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