Azincourt Energy (CVE:AAZ) Trading Up 50% – Here’s Why
by Mitch Edgeman · The Markets DailyAzincourt Energy Corp. (CVE:AAZ – Get Free Report)’s share price was up 50% during mid-day trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 336,829 shares changed hands during trading, a decline of 54% from the average daily volume of 738,968 shares. The stock had previously closed at C$0.01.
Azincourt Energy Price Performance
The company has a market capitalization of C$7.75 million, a PE ratio of -2.00 and a beta of 0.61. The firm has a 50-day simple moving average of C$0.02 and a 200 day simple moving average of 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.
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