Azincourt Energy (CVE:AAZ) Stock Price Down 13.3% – Should You Sell?

Azincourt Energy Corp. (CVE:AAZ)’s stock price traded down 13.3% on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. 400,661 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 480,812 shares. The stock had previously closed at C$0.08.

Azincourt Energy Price Performance

The company has a market capitalization of C$6.74 million, a PE ratio of -1.30 and a beta of 0.83. The company’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.03.

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.