Azincourt Energy (CVE:AAZ) Trading Up 33.3% – Here’s Why

Azincourt Energy Corp. (CVE:AAZ) shares rose 33.3% during mid-day trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 434,672 shares were traded during trading, an increase of 35% from the average daily volume of 322,779 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The company has a market cap of C$5.97 million, a price-to-earnings ratio of -2.00 and a beta of 2.78. The firm’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.02.

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.