Azincourt Energy (CVE:AAZ) Shares Up 50% – Here’s What Happened

Shares of Azincourt Energy Corp. (CVE:AAZ – Get Free Report) shot up 50% on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. 336,859 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 738,968 shares. The stock had previously closed at C$0.01.

Azincourt Energy Trading Up 50.0%

The stock has a fifty day moving average price of C$0.02 and a 200-day moving average price of C$0.02. The firm has a market capitalization of C$7.75 million, a price-to-earnings ratio of -2.00 and a beta of 0.61.

About Azincourt Energy

(Get Free Report)

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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