Shares of Azincourt Energy Corp. (CVE:AAZ – Get Free Report) dropped 16.7% during mid-day trading on Thursday. The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 75,411 shares changed hands during mid-day trading, a decline of 64% from the average session volume of 207,335 shares. The stock had previously closed at C$0.03.
Azincourt Energy Stock Performance
The company has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.05. The stock has a market cap of C$4.96 million, a price-to-earnings ratio of -1.00 and a beta of 0.04.
Azincourt Energy Company Profile
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.
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