Azincourt Energy (CVE:AAZ) Shares Down 25% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ) dropped 25% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. Approximately 1,201,332 shares changed hands during trading, an increase of 78% from the average daily volume of 673,919 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Down 25.0%

The firm’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.02. The company has a market cap of C$6.07 million, a P/E ratio of -2.00 and a beta of 0.71.

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.