Azincourt Energy (CVE:AAZ) Shares Down 14.3% – Should You Sell?

Azincourt Energy Corp. (CVE:AAZ) was down 14.3% during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,980,004 shares were traded during mid-day trading, an increase of 175% from the average daily volume of 720,472 shares. The stock had previously closed at C$0.04.

Azincourt Energy Price Performance

The business’s fifty day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The stock has a market capitalization of C$8.95 million, a PE ratio of -3.00 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.