Azincourt Energy (CVE:AAZ) Trading Up 50% – What’s Next?

Azincourt Energy Corp. (CVE:AAZ)’s share price shot up 50% on Thursday . The company traded as high as C$0.02 and last traded at C$0.02. 297,600 shares traded hands during trading, an increase of 5% from the average session volume of 282,417 shares. The stock had previously closed at C$0.01.

Azincourt Energy Stock Performance

The stock has a 50-day moving average price of C$0.01 and a two-hundred day moving average price of C$0.02. The stock has a market capitalization of C$4.48 million, a P/E ratio of -1.50 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.