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

Azincourt Energy Corp. (CVE:AAZ) shares fell 14.3% on Friday . The stock traded as low as C$0.03 and last traded at C$0.03. 3,287,004 shares changed hands during trading, an increase of 342% from the average session volume of 742,872 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 P/E ratio of -3.00 and a beta of 2.78. The stock’s 50-day moving average is C$0.02 and its two-hundred day moving average is 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.