Shares of Azincourt Energy Corp. (CVE:AAZ – Get Free Report) dropped 20% on Thursday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 2,605,771 shares were traded during trading, an increase of 162% from the average daily volume of 993,730 shares. The stock had previously closed at C$0.03.
Azincourt Energy Price Performance
The firm has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.02. The stock has a market capitalization of C$5.97 million, a P/E ratio of -2.00 and a beta of 2.78.
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.
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