Azincourt Energy (CVE:AAZ) Trading 40% Higher – What’s Next?
by Doug Wharley · The Cerbat GemAzincourt Energy Corp. (CVE:AAZ – Get Free Report)’s share price traded up 40% on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. 9,307,771 shares traded hands during trading, an increase of 1,726% from the average session volume of 509,671 shares. The stock had previously closed at C$0.03.
Azincourt Energy Price Performance
The business has a fifty day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.01. The company has a market cap of C$10.45 million, a PE ratio of -3.50 and a beta of 2.78.
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.
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