Azincourt Energy (CVE:AAZ) Trading 33.3% Higher – What’s Next?

Azincourt Energy Corp. (CVE:AAZ) shares rose 33.3% during mid-day trading on Saturday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 139,788 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 686,829 shares. The stock had previously closed at C$0.02.

Azincourt Energy Stock Performance

The firm has a 50 day moving average price of C$0.02 and a two-hundred day moving average price of C$0.02. The company has a market cap of C$8.09 million, a P/E ratio of -2.00 and a beta of 0.71.

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.