Azincourt Energy (CVE:AAZ) Stock Price Up 25% – Here’s Why

Shares of Azincourt Energy Corp. (CVE:AAZ) shot up 25% during mid-day trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. 162,000 shares were traded during trading, a decline of 79% from the average session volume of 786,068 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The stock has a market capitalization of C$9.36 million, a price-to-earnings ratio of -2.50 and a beta of 1.18. The company’s 50 day moving average is C$0.02 and its 200 day moving average is C$0.02.

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.