Azincourt Energy (CVE:AAZ) Stock Price Down 13.3% – Here’s Why

Azincourt Energy Corp. (CVE:AAZ) fell 13.3% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 400,661 shares were traded during trading, a decline of 17% from the average session volume of 480,812 shares. The stock had previously closed at C$0.08.

Azincourt Energy Trading Down 13.3%

The firm has a market cap of C$6.74 million, a P/E ratio of -1.30 and a beta of 0.83. The company’s fifty day moving average price is C$0.05 and its two-hundred day moving average price is C$0.03.

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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.