Azincourt Energy (CVE:AAZ) Shares Up 25% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ) shot up 25% during mid-day trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 3,928,358 shares changed hands during mid-day trading, an increase of 1,054% from the average session volume of 340,477 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The stock’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.01. The firm has a market cap of C$8.95 million, a PE ratio of -3.00 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.