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

Azincourt Energy Corp. (CVE:AAZ) was up 25% during trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 1,459,942 shares were traded during trading, an increase of 117% from the average daily volume of 673,464 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The firm’s fifty day moving average price is C$0.02 and its 200 day moving average price is C$0.02. The firm has a market cap of C$10.11 million, a P/E ratio of -2.00 and a beta of 0.71.

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.