Azincourt Energy (CVE:AAZ) Stock Price Down 33.3% – Here’s What Happened

by · The Markets Daily

Azincourt Energy Corp. (CVE:AAZ – Get Free Report)’s stock price was down 33.3% during trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 1,745,450 shares changed hands during mid-day trading, an increase of 558% from the average daily volume of 265,116 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The company has a market capitalization of C$2.98 million, a P/E ratio of -1.00 and a beta of 2.78. The company’s 50-day moving average price is C$0.01 and its two-hundred day moving average price is C$0.02.

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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