Azincourt Energy (CVE:AAZ) Shares Down 33.3% – Should You Sell?

Azincourt Energy Corp. (CVE:AAZ)’s stock price traded down 33.3% during trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. 180,927 shares were traded during mid-day trading, a decline of 24% from the average session volume of 237,021 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The business’s 50 day moving average is C$0.01 and its 200 day moving average is C$0.02. The stock has a market cap of C$4.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.78.

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.