Azincourt Energy (CVE:AAZ) Shares Down 33.3% – Should You Sell?

Azincourt Energy Corp. (CVE:AAZ) shares fell 33.3% on Tuesday . The stock traded as low as C$0.01 and last traded at C$0.01. 198,111 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 276,701 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The stock has a market cap of C$2.98 million, a price-to-earnings ratio of -1.50 and a beta of 2.78. The firm’s fifty day moving average price is C$0.01 and its two-hundred day moving average price is 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.