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

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

Azincourt Energy Stock Up 33.3 %

The firm has a market capitalization of C$5.97 million, a price-to-earnings ratio of -2.00 and a beta of 2.78. The company’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.