Azincourt Energy (CVE:AAZ) Stock Price Up 20% – What’s Next?

Azincourt Energy Corp. (CVE:AAZGet Free Report) was up 20% during mid-day trading on Tuesday . The stock traded as high as C$0.04 and last traded at C$0.03. Approximately 8,532,970 shares were traded during mid-day trading, an increase of 1,630% from the average daily volume of 493,260 shares. The stock had previously closed at C$0.03.

Azincourt Energy Stock Performance

The company has a market capitalization of C$8.95 million, a price-to-earnings ratio of -3.00 and a beta of 2.78. The firm’s 50-day simple moving average is C$0.02 and its 200-day simple moving average is C$0.01.

About Azincourt Energy

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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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