Azincourt Energy (CVE:AAZ) Shares Down 20% – Should You Sell?

Azincourt Energy Corp. (CVE:AAZGet Free Report) shares fell 20% during mid-day trading on Friday . The stock traded as low as C$0.02 and last traded at C$0.02. 196,304 shares changed hands during trading, a decline of 71% from the average session volume of 671,324 shares. The stock had previously closed at C$0.03.

Azincourt Energy Trading Down 20.0%

The stock has a fifty day moving average price of C$0.02 and a 200 day moving average price of C$0.02. The firm has a market cap of C$8.09 million, a price-to-earnings ratio of -2.00 and a beta of 0.71.

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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