Azincourt Energy (CVE:AAZ) Shares Up 16.7% – Here’s Why

Azincourt Energy Corp. (CVE:AAZ)’s share price was up 16.7% on Monday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 933,915 shares changed hands during trading, an increase of 63% from the average daily volume of 573,888 shares. The stock had previously closed at C$0.03.

Azincourt Energy Price Performance

The stock’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.02. The stock has a market cap of C$11.94 million, a price-to-earnings ratio of -4.00 and a beta of 2.78.

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.