Azincourt Energy (CVE:AAZ) Trading Up 70% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ) shares shot up 70% on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.09. 4,463,765 shares changed hands during mid-day trading, an increase of 461% from the average session volume of 795,022 shares. The stock had previously closed at C$0.05.

Azincourt Energy Stock Up 60.0%

The firm has a market cap of C$6.88 million, a price-to-earnings ratio of -2.00 and a beta of 0.63. The firm has a fifty day moving average price of C$0.03 and a 200-day moving average price of C$0.02.

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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.