Azincourt Energy (CVE:AAZ) Trading Down 20% – Here’s What Happened

Azincourt Energy Corp. (CVE:AAZGet Free Report)’s share price fell 20% on Monday . The company traded as low as C$0.02 and last traded at C$0.02. 387,000 shares traded hands during trading, a decline of 62% from the average session volume of 1,019,200 shares. The stock had previously closed at C$0.03.

Azincourt Energy Stock Down 20.0%

The company’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.02. The stock has a market capitalization of C$5.97 million, a price-to-earnings ratio of -2.00 and a beta of 2.78.

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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