Azincourt Energy (CVE:AAZ) Trading 50% Higher – What’s Next?

Azincourt Energy Corp. (CVE:AAZGet Free Report) shot up 50% during mid-day trading on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 341,600 shares were traded during mid-day trading, an increase of 21% from the average session volume of 282,417 shares. The stock had previously closed at C$0.01.

Azincourt Energy Trading Up 50.0 %

The firm has a market capitalization of C$4.48 million, a P/E ratio of -1.50 and a beta of 2.78. The company has a 50-day moving average of C$0.01 and a 200-day moving average of C$0.02.

About Azincourt Energy

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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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