Azincourt Energy (CVE:AAZ) Trading 90% Higher – What’s Next?

Azincourt Energy Corp. (CVE:AAZ)’s stock price rose 90% on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 3,408,710 shares changed hands during trading, an increase of 385% from the average daily volume of 702,985 shares. The stock had previously closed at C$0.05.

Azincourt Energy Trading Up 60.0%

The business’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.02. The firm has a market capitalization of C$6.88 million, a P/E ratio of -2.00 and a beta of 0.63.

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. The company was formerly known as Azincourt Uranium Inc and changed its name to Azincourt Energy Corp.