Azincourt Energy (CVE:AAZ) Shares Up 25% – Here’s What Happened

Azincourt Energy Corp. (CVE:AAZ) shot up 25% during mid-day trading on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 384,383 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 709,847 shares. The stock had previously closed at C$0.02.

Azincourt Energy Trading Up 25.0%

The company has a market cap of C$10.11 million, a P/E ratio of -2.00 and a beta of 0.74. The firm’s 50 day moving average price is C$0.02 and its 200-day moving average price is C$0.02.

About Azincourt Energy

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.