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Azincourt Energy shares fell 20% to C$0.04 on heavy volume with no official explanation.
Azincourt Energy (CVE:AAZ) shares dropped 20% on Wednesday, closing at C$0.04 amid a surge in trading volume to 952,468 shares—608% above average.
The decline occurred without a disclosed corporate event, though the company, which explores uranium and lithium in Canada and Peru, continues operations at projects in Saskatchewan and Newfoundland.
It has a market cap of C$20.65 million, a negative P/E ratio of -2.00, and 50- and 200-day moving averages both at C$0.02.
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Las acciones de Azincourt Energy cayeron un 20% a C$0.04 debido a un gran volumen sin explicación oficial.