Azincourt Energy (CVE:AAZ) Trading Up 80% – Here’s What Happened

Azincourt Energy Corp. (CVE:AAZGet Free Report) traded up 80% during mid-day trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.09. 4,446,765 shares traded hands during trading, an increase of 499% from the average session volume of 742,231 shares. The stock had previously closed at C$0.05.

Azincourt Energy Trading Up 60.0%

The stock has a fifty day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.02. The company has a market cap of C$6.88 million, a PE ratio of -2.00 and a beta of 0.63.

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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