Azincourt Energy (CVE:AAZ) Trading Down 20% – Here’s Why

Azincourt Energy Corp. (CVE:AAZ)’s share price was down 20% during mid-day trading on Saturday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 655,750 shares were traded 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 Trading Down 20.0%

The stock has a market capitalization of C$8.09 million, a PE ratio of -2.00 and a beta of 0.74. The firm has a 50-day moving average price of C$0.02 and a 200-day moving average price of C$0.02.

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.