Azincourt Energy (CVE:AAZ) Trading Down 33.3% – Here’s What Happened

Shares of Azincourt Energy Corp. (CVE:AAZ) fell 33.3% during mid-day trading on Thursday . The stock traded as low as C$0.01 and last traded at C$0.01. 180,927 shares traded hands during trading, a decline of 24% from the average session volume of 237,021 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Down 33.3 %

The stock has a 50-day simple moving average of C$0.01 and a 200 day simple moving average of C$0.02. The company has a market cap of C$2.98 million, a PE ratio of -1.00 and a beta of 2.78.

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.