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

by · The Cerbat Gem

Azincourt Energy Corp. (CVE:AAZ – Get Free Report) shares shot up 50% during mid-day trading on Thursday . The company 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 market cap of C$7.75 million, a price-to-earnings ratio of -2.00 and a beta of 0.61. The stock has a fifty day simple moving average of C$0.02 and a 200-day simple moving average of C$0.02.

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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