Azincourt Energy (CVE:AAZ) Shares Down 20% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ)’s share price was down 20% during mid-day trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 399,200 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 729,770 shares. The stock had previously closed at C$0.03.

Azincourt Energy Price Performance

The stock has a market cap of C$8.09 million, a P/E ratio of -2.00 and a beta of 1.18. The stock has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of 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.