Azincourt Energy (CVE:AAZ) Shares Down 33.3% – Time to Sell?

Azincourt Energy Corp. (CVE:AAZ) fell 33.3% on Thursday . The company traded as low as C$0.01 and last traded at C$0.01. 180,927 shares were traded during mid-day trading, a decline of 24% from the average session volume of 237,021 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 stock’s 50 day simple moving average is C$0.01 and its two-hundred day simple 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.