Azincourt Energy (CVE:AAZ) Shares Down 33.3% – Should You Sell?

Azincourt Energy Corp. (CVE:AAZ) dropped 33.3% during trading on Tuesday . The company traded as low as C$0.01 and last traded at C$0.01. Approximately 472,246 shares were traded during mid-day trading, an increase of 150% from the average daily volume of 188,976 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Down 33.3 %

The stock has a market capitalization of C$2.98 million, a price-to-earnings ratio of -1.00 and a beta of 2.78. The stock’s 50 day moving average is C$0.01 and its 200 day moving average is 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.