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

Azincourt Energy Corp. (CVE:AAZ) shares fell 13.3% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. 400,661 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 480,812 shares. The stock had previously closed at C$0.08.

Azincourt Energy Stock Down 13.3%

The business’s fifty day moving average is C$0.05 and its 200 day moving average is C$0.03. The stock has a market cap of C$6.74 million, a PE ratio of -1.30 and a beta of 0.83.

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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.