Azincourt Energy shares dropped 25% to C$0.02 on Nov. 28, 2025, on heavy volume, with no stated cause.

Azincourt Energy (CVE:AAZ) shares plunged 25% on Thursday, Nov. 28, 2025, hitting a low of C$0.02 amid a 78% surge in trading volume to 1.2 million shares. The stock closed at C$0.02, matching its 50-day and 200-day moving averages, with a market cap of C$6.07 million. The company explores uranium and lithium in Canada and Peru, owning the East Preston and Big Hill Lithium projects. It had a negative P/E ratio of -2.00 and a beta of 0.71, indicating low volatility. No specific reason for the drop was provided.