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

Azincourt Energy Corp. (CVE:AAZ) rose 50% on Thursday . The stock traded as high as C$0.02 and last traded at C$0.02. Approximately 388,720 shares changed hands during mid-day trading, an increase of 36% from the average daily volume of 285,921 shares. The stock had previously closed at C$0.01.

Azincourt Energy Price Performance

The stock has a market capitalization of C$4.48 million, a price-to-earnings ratio of -1.50 and a beta of 2.78. The stock has a 50 day moving average price of C$0.01 and a 200-day moving average price of 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.