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

Azincourt Energy Corp. (CVE:AAZ) shares were down 20% during trading on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04. Approximately 952,468 shares changed hands during mid-day trading, an increase of 608% from the average daily volume of 134,611 shares. The stock had previously closed at C$0.05.

Azincourt Energy Trading Down 20.0%

The company has a market cap of C$3.44 million, a price-to-earnings ratio of -2.00 and a beta of 0.61. The stock has a 50-day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.

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.