Azincourt Energy (CVE:AAZ) Shares Up 33.3% – Here’s What Happened

Shares of Azincourt Energy Corp. (CVE:AAZ) shot up 33.3% on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. 406,000 shares were traded during mid-day trading, an increase of 51% from the average session volume of 269,529 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The stock has a market cap of C$5.97 million, a P/E ratio of -2.00 and a beta of 2.78. The firm’s 50-day moving average is C$0.01 and its two-hundred day moving average is C$0.01.

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.