Azincourt Energy (CVE:AAZ) Stock Price Up 25% – Here’s Why

Azincourt Energy Corp. (CVE:AAZ) shares rose 25% on Friday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 187,000 shares traded hands during mid-day trading, a decline of 78% from the average daily volume of 861,579 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Up 25.0%

The stock has a market capitalization of C$7.46 million, a price-to-earnings ratio of -2.50 and a beta of 2.78. The firm has a 50-day moving average of C$0.02 and a two-hundred day moving average of 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.