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

Shares of Azincourt Energy Corp. (CVE:AAZ) traded down 14.3% during mid-day trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. 2,860,004 shares traded hands during trading, an increase of 289% from the average session volume of 735,255 shares. The stock had previously closed at C$0.04.

Azincourt Energy Price Performance

The stock has a market cap of C$8.95 million, a P/E ratio of -3.00 and a beta of 2.78. The company has a 50 day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.

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.