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

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

Azincourt Energy Price Performance

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