Azincourt Energy (CVE:AAZ) Stock Price Down 33.3% – Here’s Why

Azincourt Energy Corp. (CVE:AAZ) shares fell 33.3% on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. 180,927 shares were traded 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 Performance

The stock has a market capitalization of C$2.98 million, a PE ratio of -1.00 and a beta of 2.78. The firm’s 50 day moving average is C$0.01 and its two-hundred day moving average is 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.