Azincourt Energy (CVE:AAZ) Stock Price Down 25% – Here’s Why

Azincourt Energy Corp. (CVE:AAZ) was down 25% on Friday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 241,846 shares changed hands during trading, a decline of 20% from the average daily volume of 303,067 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The business’s 50 day moving average is C$0.01 and its two-hundred day moving average is C$0.01. The firm has a market cap of C$5.97 million, a P/E ratio of -2.00 and a beta of 2.78.

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.