Shares of Azincourt Energy Corp. (CVE:AAZ – Get Free Report) shot up 80% during mid-day trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.09. 4,446,765 shares changed hands during trading, an increase of 499% from the average session volume of 742,231 shares. The stock had previously closed at C$0.05.
Azincourt Energy Stock Performance
The stock has a market cap of C$6.02 million, a price-to-earnings ratio of -2.00 and a beta of 0.63. The business’s 50 day moving average is C$0.03 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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.
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