Azincourt Energy (CVE:AAZ) Trading Up 25% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ) shot up 25% during trading on Monday . The company traded as high as C$0.03 and last traded at C$0.03. 3,612,358 shares changed hands during mid-day trading, an increase of 990% from the average session volume of 331,420 shares. The stock had previously closed at C$0.02.

Azincourt Energy Price Performance

The stock has a market capitalization of C$7.46 million, a PE ratio of -2.50 and a beta of 2.78. The company’s 50 day moving average price is C$0.02 and its two-hundred day moving average price is C$0.01.

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.