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

Azincourt Energy Corp. (CVE:AAZ) shot up 25% during trading on Saturday . The company 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 Price Performance

The stock’s fifty day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The firm has a market cap of C$10.11 million, a price-to-earnings ratio of -2.00 and a beta of 0.74.

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.