Azincourt Energy (CVE:AAZ) Stock Price Down 20% – Time to Sell?

Shares of Azincourt Energy Corp. (CVE:AAZ) traded down 20% on Thursday . The stock traded as low as C$0.02 and last traded at C$0.02. 399,200 shares traded hands during mid-day trading, a decline of 45% from the average session volume of 729,770 shares. The stock had previously closed at C$0.03.

Azincourt Energy Price Performance

The firm has a market cap of C$8.09 million, a price-to-earnings ratio of -2.00 and a beta of 1.18. The firm’s fifty day moving average is C$0.02 and its two-hundred day 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.