Azincourt Energy (CVE:AAZ) Shares Down 33.3% – What’s Next?

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 180,927 shares traded hands during mid-day trading, a decline of 24% from the average daily volume of 237,021 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Down 33.3 %

The company’s 50-day moving average price is C$0.01 and its two-hundred day moving average price is C$0.02. The company has a market cap of C$2.98 million, a P/E ratio of -1.00 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.