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

Azincourt Energy Corp. (CVE:AAZ)’s share price traded down 20% during mid-day trading on Friday . The company traded as low as C$0.02 and last traded at C$0.02. 196,304 shares traded hands during mid-day 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 Stock Performance

The firm has a market capitalization of C$8.09 million, a P/E ratio of -2.00 and a beta of 0.71. The stock has a 50 day moving average of C$0.02 and a 200-day moving average of 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.