Azincourt Energy (CVE:AAZ) Shares Down 25% – Here’s What Happened

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

Azincourt Energy Price Performance

The stock has a 50 day moving average of C$0.02 and a 200 day moving average of C$0.02. The firm has a market cap of C$6.07 million, a price-to-earnings ratio of -2.00 and a beta of 0.71.

About Azincourt Energy

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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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