Azincourt Energy (CVE:AAZ) Shares Down 14.3% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ) shares dropped 14.3% during trading on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 236,572 shares were traded during trading, a decline of 56% from the average daily volume of 532,524 shares. The stock had previously closed at C$0.04.

Azincourt Energy Price Performance

The company has a market cap of C$8.95 million, a price-to-earnings ratio of -3.00 and a beta of 2.78. The firm has a 50-day simple moving average of C$0.02 and a 200 day simple moving average of 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.