Azincourt Energy (CVE:AAZ) Shares Down 20% – Should You Sell?

Azincourt Energy Corp. (CVE:AAZ) was down 20% on Saturday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 655,750 shares changed hands during 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 Down 20.0%

The stock has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. The firm has a market cap of C$8.09 million, a PE ratio of -2.00 and a beta of 0.74.

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.