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

Azincourt Energy Corp. (CVE:AAZ)’s stock price was up 50% during trading on Wednesday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 336,859 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 738,968 shares. The stock had previously closed at C$0.01.

Azincourt Energy Stock Performance

The company has a market capitalization of C$7.75 million, a P/E ratio of -2.00 and a beta of 0.61. The stock has a fifty day moving average of C$0.02 and a 200 day moving average of 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.