Azincourt Energy (CVE:AAZ) Stock Price Down 14.3% – Should You Sell?

Azincourt Energy Corp. (CVE:AAZ) was down 14.3% on Thursday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 2,910,004 shares changed hands during mid-day trading, an increase of 295% from the average daily volume of 736,588 shares. The stock had previously closed at C$0.04.

Azincourt Energy Stock Down 16.7 %

The stock has a market capitalization of C$7.46 million, a P/E ratio of -2.50 and a beta of 2.78. The company has a 50-day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02.

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.