Azincourt Energy (CVE:AAZ) Stock Jumps 28.6% – Here’s Why

Azincourt Energy Corp. (CVE:AAZ – Get Free Report)’s share price was up 28.6% during mid-day trading on Tuesday. The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 631,008 shares changed hands during trading, an increase of 248% from the average session volume of 181,484 shares. The stock had previously closed at C$0.04.

Azincourt Energy Trading Up 28.6%

The firm has a market cap of C$7.44 million, a PE ratio of -1.50 and a beta of 0.04. The company has a 50-day simple moving average of C$0.04 and a 200 day simple moving average of C$0.05.

About Azincourt Energy

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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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.

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