Azincourt Energy (CVE:AAZ) Shares Up 28.6% – What’s Next?
by Renee Jackson · The Cerbat GemAzincourt Energy Corp. (CVE:AAZ – Get Free Report) rose 28.6% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 1,041,414 shares changed hands during mid-day trading, an increase of 24% from the average daily volume of 839,471 shares. The stock had previously closed at C$0.04.
Azincourt Energy Price Performance
The firm has a market capitalization of C$3.87 million, a P/E ratio of -2.00 and a beta of 0.63. The company’s 50 day moving average price is C$0.02 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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.