Azincourt Energy (CVE:AAZ) Trading Down 14.3% – Here’s What Happened

Shares of Azincourt Energy Corp. (CVE:AAZGet Free Report) were down 14.3% on Wednesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 1,276,841 shares changed hands during trading, an increase of 146% from the average daily volume of 519,378 shares. The stock had previously closed at C$0.04.

Azincourt Energy Stock Down 14.3 %

The firm has a market cap of C$8.95 million, a P/E ratio of -3.00 and a beta of 2.78. The business’s 50 day moving average is C$0.02 and its 200-day moving average is C$0.01.

About Azincourt Energy

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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.

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