Azincourt Energy (CVE:AAZ) Stock Price Up 33.3% – Here’s What Happened

Azincourt Energy Corp. (CVE:AAZ)’s share price rose 33.3% during trading on Monday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 4,601,572 shares changed hands during trading, an increase of 624% from the average daily volume of 635,180 shares. The stock had previously closed at C$0.03.

Azincourt Energy Trading Up 33.3 %

The company has a market cap of C$11.94 million, a price-to-earnings ratio of -4.00 and a beta of 2.78. The company’s 50 day moving average price is C$0.02 and its 200 day moving average price 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.