Azincourt Energy (CVE:AAZ) Trading 25% Higher – Here’s Why

Azincourt Energy Corp. (CVE:AAZGet Free Report)’s stock price traded up 25% during trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 871,372 shares traded hands during mid-day trading, a decline of 20% from the average session volume of 1,088,247 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Up 25.0%

The company’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.02. The stock has a market capitalization of C$7.46 million, a P/E ratio of -2.50 and a beta of 2.78.

About Azincourt Energy

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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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