Azincourt Energy (CVE:AAZ) Trading Down 12.5% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ)’s share price traded down 12.5% during mid-day trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. 144,862 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 783,007 shares. The stock had previously closed at C$0.08.

Azincourt Energy Stock Performance

The firm has a market cap of C$6.02 million, a P/E ratio of -2.00 and a beta of 0.63. The business has a 50-day simple moving average of C$0.03 and a 200 day simple moving average of C$0.02.

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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.