Azincourt Energy Corp. (CVE:AAZ – Get Free Report)’s share price dropped 12.5% on Thursday. The company traded as low as C$0.04 and last traded at C$0.04. 398,650 shares were traded during trading, an increase of 105% from the average daily volume of 194,484 shares. The stock had previously closed at C$0.04.
Azincourt Energy Stock Performance
The firm has a 50 day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.05. The company has a market capitalization of C$5.79 million, a PE ratio of -1.17 and a beta of 0.04.
About Azincourt Energy
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.
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