Azincourt Energy (CVE:AAZ) Shares Up 33.3% – Here’s What Happened

Azincourt Energy Corp. (CVE:AAZ)’s stock price shot up 33.3% on Tuesday . The stock traded as high as C$0.02 and last traded at C$0.02. 434,672 shares traded hands during mid-day trading, an increase of 35% from the average session volume of 322,779 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The business’s 50 day moving average price is C$0.01 and its 200-day moving average price is C$0.02. The firm has a market capitalization of C$5.97 million, a price-to-earnings ratio of -2.00 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.