Azincourt Energy (CVE:AAZ) Stock Price Up 25% – Here’s Why

Azincourt Energy Corp. (CVE:AAZ)’s stock price rose 25% during trading on Saturday . The company traded as high as C$0.03 and last traded at C$0.03. Approximately 124,000 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 976,831 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The stock’s fifty day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The stock has a market cap of C$7.46 million, a P/E ratio of -2.50 and a beta of 2.78.

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.