Azincourt Energy (CVE:AAZ) Trading Up 20%

Azincourt Energy Corp. (CVE:AAZ) rose 20% during mid-day trading on Wednesday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 216,600 shares traded hands during trading, a decline of 20% from the average daily volume of 269,374 shares. The stock had previously closed at C$0.03.

Azincourt Energy Price Performance

The stock’s 50 day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The stock has a market cap of C$8.50 million, a P/E ratio of -1.50 and a beta of 3.06.

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.