Azincourt Energy (CVE:AAZ) Trading 25% Higher – Here’s Why

Azincourt Energy Corp. (CVE:AAZ)’s share price traded up 25% on Saturday . The stock traded as high as C$0.03 and last traded at C$0.03. 124,000 shares traded hands during mid-day trading, a decline of 87% from the average session volume of 976,831 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The company has a market cap of C$7.46 million, a P/E ratio of -2.50 and a beta of 2.78. The firm’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.02.

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.