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

Shares of Azincourt Energy Corp. (CVE:AAZ) traded down 13.3% on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. 256,549 shares were traded during trading, a decline of 46% from the average session volume of 471,926 shares. The stock had previously closed at C$0.08.

Azincourt Energy Trading Down 13.3%

The business has a 50-day moving average price of C$0.05 and a two-hundred day moving average price of C$0.03. The firm has a market capitalization of C$6.74 million, a price-to-earnings ratio of -1.30 and a beta of 0.83.

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.