Azincourt Energy (CVE:AAZ) Shares Down 25% – Here’s What Happened
by Doug Wharley · The Cerbat GemShares of Azincourt Energy Corp. (CVE:AAZ – Get Free Report) were down 25% during trading on Monday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 2,082,062 shares were traded during mid-day trading, an increase of 196% from the average daily volume of 703,668 shares. The stock had previously closed at C$0.02.
Azincourt Energy Stock Performance
The stock’s 50 day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The firm has a market cap of C$7.75 million, a PE ratio of -2.00 and a beta of 0.61.
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.
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