Azincourt Energy (CVE:AAZ) Trading 33.3% Higher – Here’s Why
by Tristan Rich · The Markets DailyAzincourt Energy Corp. (CVE:AAZ – Get Free Report)’s stock price rose 33.3% on Saturday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 4,848,577 shares were traded during trading, an increase of 595% from the average daily volume of 697,777 shares. The stock had previously closed at C$0.02.
Azincourt Energy Stock Performance
The stock’s fifty day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02. The company has a market cap of C$10.33 million, a price-to-earnings ratio of -2.00 and a beta of 0.61.
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.
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