Azincourt Energy (CVE:AAZ) Shares Down 33.3% – Here’s Why

Shares of Azincourt Energy Corp. (CVE:AAZ) traded down 33.3% during trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. 1,745,450 shares traded hands during mid-day trading, an increase of 558% from the average session volume of 265,116 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Up 50.0 %

The firm has a market capitalization of C$4.48 million, a PE ratio of -1.50 and a beta of 2.78. The stock’s 50 day moving average price is C$0.01 and its two-hundred day moving average price is C$0.02.

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.