Azincourt Energy (CVE:AAZ) Shares Up 25% – Here’s What Happened

by · The Markets Daily

Azincourt Energy Corp. (CVE:AAZ – Get Free Report) rose 25% during trading on Thursday . The stock traded as high as C$0.03 and last traded at C$0.03. Approximately 1,459,942 shares changed hands during trading, an increase of 117% from the average daily volume of 673,464 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The firm has a market cap of C$8.09 million, a P/E ratio of -2.00 and a beta of 0.71. The stock’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02.

Azincourt Energy Company Profile

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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.

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