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

Azincourt Energy Corp. (CVE:AAZ) traded down 25% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 1,201,332 shares changed hands during mid-day trading, an increase of 78% from the average session volume of 673,919 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Down 25.0%

The firm has a market capitalization of C$6.07 million, a P/E ratio of -2.00 and a beta of 0.71. The company has a 50-day moving average of C$0.02 and a 200-day moving average of C$0.02.

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.