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

Azincourt Energy Corp. (CVE:AAZ – Get Free Report) reached a new 52-week low during trading on Friday. The company traded as low as C$0.03 and last traded at C$0.03, with a volume of 233,000 shares trading hands. The stock had previously closed at C$0.03.

Azincourt Energy Stock Performance

The firm has a market capitalization of C$4.13 million, a P/E ratio of -0.83 and a beta of 0.04. 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.

Azincourt Energy Company Profile

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

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