Shares of Azincourt Energy Corp. (CVE:AAZ – Get Free Report) rose 14.3% during trading on Thursday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 166,962 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 518,721 shares. The stock had previously closed at C$0.07.
Azincourt Energy Trading Up 14.3%
The firm’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.03. The firm has a market cap of C$8.30 million, a price-to-earnings ratio of -1.60 and a beta of 0.83.
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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.
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