Azincourt Energy (CVE:AAZ) Trading Down 33.3% – Time to Sell?

Shares of Azincourt Energy Corp. (CVE:AAZ) were down 33.3% during mid-day trading on Wednesday . The stock traded as low as C$0.01 and last traded at C$0.01. Approximately 180,927 shares changed hands during trading, a decline of 24% from the average daily volume of 237,021 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The company has a 50 day moving average price of C$0.01 and a 200 day moving average price of C$0.02. The company has a market capitalization of C$2.98 million, a PE ratio of -1.00 and a beta of 2.78.

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.