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

Azincourt Energy Corp. (CVE:AAZ)’s share price shot up 33.3% during mid-day trading on Friday . The stock traded as high as C$0.02 and last traded at C$0.02. 139,788 shares traded hands during trading, a decline of 80% from the average session volume of 686,810 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The stock has a market capitalization of C$8.09 million, a P/E ratio of -2.00 and a beta of 0.71. The stock’s fifty day moving average is C$0.02 and its 200-day moving average is C$0.02.

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.