Azincourt Energy (CVE:AAZ) Trading 50% Higher – Here’s What Happened

Azincourt Energy Corp. (CVE:AAZ) shares rose 50% on Friday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 253,181 shares were traded during mid-day trading, a decline of 2% from the average daily volume of 259,671 shares. The stock had previously closed at C$0.01.

Azincourt Energy Stock Up 50.0 %

The company’s fifty day moving average price is C$0.01 and its two-hundred day moving average price is C$0.02. The company has a market cap of C$4.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.78.

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.