Azincourt Energy (CVE:AAZ) Hits New 12-Month Low – Should You Sell?

Azincourt Energy Corp. (CVE:AAZ) shares reached a new 52-week low during trading on Wednesday. The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 317,126 shares trading hands. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The firm has a market cap of C$3.31 million, a P/E ratio of -0.67 and a beta of -0.38. The stock has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.05.

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. The company was formerly known as Azincourt Uranium Inc. and changed its name to Azincourt Energy Corp. in October 2017.