Azincourt Energy (CVE:AAZ) Stock Price Up 50% – Here’s Why

Azincourt Energy Corp. (CVE:AAZ)’s stock price rose 50% during mid-day trading on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 253,181 shares traded hands during trading, a decline of 2% from the average daily volume of 259,671 shares. The stock had previously closed at C$0.01.

Azincourt Energy Stock Up 50.0 %

The business has a 50-day moving average of C$0.01 and a 200-day moving average of C$0.02. The stock has a market cap of C$4.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.78.

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.