Azincourt Energy (CVE:AAZ) Shares Down 25% – Should You Sell?

Azincourt Energy Corp. (CVE:AAZ)’s stock price fell 25% during trading on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. 280,000 shares changed hands during mid-day trading, a decline of 13% from the average session volume of 320,640 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The firm has a market capitalization of C$4.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.78. The stock’s 50 day moving average price is C$0.01 and its two-hundred day moving average price 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.