Shares of Azincourt Energy Corp. (CVE:AAZ – Get Free Report) rose 50% during trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 388,720 shares changed hands during mid-day trading, an increase of 36% from the average daily volume of 285,921 shares. The stock had previously closed at C$0.01.
Azincourt Energy Price Performance
The company’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.02. The firm has a market cap of C$4.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.78.
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.
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