Shares of Azincourt Energy Corp. (CVE:AAZ – Get Free Report) rose 50% during mid-day trading on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. Approximately 341,600 shares traded hands during trading, an increase of 21% from the average daily volume of 282,417 shares. The stock had previously closed at C$0.01.
Azincourt Energy Stock Performance
The firm’s 50-day moving average is C$0.01 and its two-hundred day moving average is C$0.02. The stock has a market cap of C$4.48 million, a P/E ratio of -1.50 and a beta of 2.78.
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.
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